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LCB made partner to HK Wine Exchange
London City Bond has been made the official partner of the Hong Kong Wine Exchange.
The Wine Exchange is used by private collectors and investors of fine wine and LCB is now one of only three suppliers to the platform from outside of Hong Kong.
LCB is now able to offer the platform’s clients secure bonded warehousing at its sites in Tilbury and Vinotheque.
The partnership is seen by LCB as an important step for the business at a time when fine wine sales in Hong Kong and Asia are growing significantly.
David Hogg, sales director, at LCB, commented: “We are very excited to be part of such an important and growing trading platform, such as the Hong Kong Wine Exchange.
“Our partnership presents a real opportunity to strengthen our private customer base on an international scale and reinforces our reputation as being a leading provider of reliable and high quality storage facilities.
“Hong Kong has over the years become a major hub for investors and collectors of fine wine and we are thrilled to be given an opportunity to grow our business in this area.”