Announced
Completed
Financials
Tags
gin brand
Private
Italy
Distillers and Vintners
Acquisition
Friendly
Majority
Single Bidder
Completed
Synopsis
Pernod Ricard, a French company that produces alcoholic beverages, completed the acquisition of the Italian super-premium gin brand Malfy from Biggar & Leith, which owns a small portfolio of fine spirits. Financial terms were not disclosed. "This acquisition is true to our long-standing strategy of investing in brands with strong potential in growing categories. In line with the launch of our “Transform and Accelerate” strategic plan, we will continue actively managing our fantastic portfolio of brands," Christian Porta, Pernod Ricard Managing Director in charge of Global Business Development.
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