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FX Daily Updates
Pernod completes sale of wine portfolio to Accolade Wines owner
georgemiller
Publish Date: Wed, 30 Apr 2025, 06:45 AM

LONDON, April 30 (Reuters) - Pernod Ricard (PERP.PA) , opens new tab has completed the sale of its international wine portfolio, including brands like Jacob's Creek, to Accolade Wines owner Australian Wine Holdco, it said on Wednesday.
The transaction will result in the creation of a new global wine company called Vinarchy, it said. It did not disclose a price for the sale.
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https://www.reuters.com/markets/deals/pernod-completes-sale-wine-portfolio-accolade-wines-owner-2025-04-30/