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RI Pernod Ricard

127.40
2.55 (2.04%)
Last Updated: 14:57:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pernod Ricard EU:RI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.55 2.04% 127.40 127.35 127.45 128.00 125.80 125.80 123,847 14:57:22

Pernod Ricard to Buy Malfy Gin Brand

17/04/2019 7:11am

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Pernod Ricard (EU:RI)
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   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)

Copyright (c) 2019 Dow Jones & Company, Inc.

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