Pernod Ricard Mulls Sale of Its Wine Portfolio

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.

Subscribe to Kane's Beverage News Daily

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.