Pernod Ricard to unload native Nordic manufacturers – Drinks Worldwide

The portfolio contains spirits, liqueurs, together with Minttu, and Finnish wine manufacturers and contains associated manufacturing property primarily based in Turku, Finland.

Hartwall additionally acquires Lapponia liqueurs in addition to a wide array of berry and fruit wines and a wide range of glögi manufacturers.

Oy Hartwall AB is an affiliate of the Danish group Royal Unibrew and proprietor of the RTD Hartwall Unique Lengthy Drink.

The transaction, which stays topic to customary circumstances, is predicted to shut in the course of the third quarter of the 2024-2025 fiscal 12 months.

Pernod has mentioned that the transaction will “allow Pernod Ricard to focus its assets behind its portfolio of premium worldwide spirits and champagne manufacturers that drive the expansion of its enterprise, in step with its premiumisation technique.”