1.12%

Dow Jones

Level up your trading with our powerful tools and real-time insights all in one place.

Get Started

RI Pernod Ricard

127.55

2.70 (2.16%)

Last Updated: 08:35:42

Delayed by 15 minutes

Pernod Ricard to Buy Malfy Gin Brand

   By Pietro Lombardi

Pernod Ricard SA (RI.FR) has signed an agreement with Biggar & Leith for the acquisition of Malfy, an Italian super-premium gin brand.

Malfy, which offers a range of super-premium gins, is present in a number of international markets, including the U.S. and the U.K., Pernod Ricard said Wednesday.

Financial details of the deal weren't disclosed.

"This acquisition is true to our long-standing strategy of investing in brands with strong potential in growing categories," Christian Porta, managing director of global business development of Pernod Ricard, said.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

April 17, 2019 01:56 ET (05:56 GMT)

Pernod Ricard (EU:RI)
Historical Stock Chart
From Jun 2024 to Jul 2024