Announced
Completed
Financials
Tags
Cross Border
wine & spirits
Distillers and Vintners
Acquisition
Single Bidder
Completed
United States
Friendly
Private
Minority
Synopsis
Pernod Ricard, a producer of alcoholic beverages, completed the acquisition of minority stake in Sovereign Brands, a family-owned, family-run wine & spirits company. Financial terms were not disclosed. “Sovereign Brands has demonstrated exceptional innovation and marketing skills. We are thrilled to partner with Brett and Brian Berish, two of the most innovative entrepreneurs of our industry,” Alexandre Ricard, Pernod Ricard CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.