Date
23 October 2017

Kweichow Moutai to buy Paris base for Europe growth, filing says

Mainland liquor maker Kweichow Moutai Co., Ltd. (600519.CN) will spend around 8.79 million euro (US$11.76 million) to buy offices in Paris as the company expands its European operations, according to a regulatory filing late Monday. Kweichow Moutai exported nearly 10 million metric tons of alcohol in 2012, up 60 percent from the previous year.

– Contact HKEJ at [email protected]

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