Pernod Ricard to retain Montana NZ wine operation
20/10/2005 - 10:29:55Pernod Ricard is to retain its Montana New Zealand wine operations following Diageo’s decision not to exercise its purchase option.
This option had been signed within the framework of an exclusive agreement concluded with Diageo plc in relation to the acquisition of Allied Domecq.
Pernod Ricard sells New Zealand wines in the United States, Ireland, the UK, Australia and New Zealand.
Already established in Australia (Jacob’s Creek), Argentina (Etchart, Graffigna), South Africa (Long Mountain) and Spain (Bodegas y Bebidas) … Pernod Ricard is now the world’s number three branded wines operator with annual sales of 23 million cases.
