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# Pernod Ricard Mulls Sale of Its Wine Portfolio
- URL: https://bevnews.net/pernod-ricard-mulls-sale-of-its-wine-portfolio/
- Published: 2023-09-20T21:41:49.000Z
- Updated: 2023-09-20T21:41:49.000Z
- Author: Joel Whitaker
- Tags: Acquisitions

This is the second time since 2019 that Pernod has reportedly sought to sell its wine business, which peviously was valued at about $1 billion. The plan to sell the portfolio was first reported in the Australian Financial Review. 

No decision has been reached on a sale of Pernod's wine business, which represents about 4% of sales.