Pernod Ricard to sell Clan Campbell whisky brand to Stock Spirits
Pernod Ricard, through Chivas Brothers Limited, has entered into an agreement in principle with Stock Spirits Group for the potential sale of its Clan Campbell.
The decision comes after Pernod received an offer from the spirits and liqueur producer to buy the Scotch whisky brand.
Stock Spirits is a Polish company with a presence in Czechia, Slovakia and Italy. It has a portfolio of more than 70 brands, including Żołądkowa vodka, Stock 84 brandy, Limonce limoncello and Bozkov rum. The group, which exports to over 50 countries worldwide, employs more than 1,200 staff.
Pernod describes Clan Campbell as “one of the leading brands” in the blended 12-year-old Scotch whisky category in France. The brand is also available in other European markets such as Spain, Luxembourg and Italy.
The French spirits giant said that the transaction is part of the company’s active portfolio management, which aims to align with the changing demands of its consumers while expanding opportunities for premiumisation.
The completion of the proposed transaction remains subject to consultation.
Related news
Carrefour ends distribution of brochures in France
Carrefour has announced that it will cease the home delivery…
Read more >France not allowed to ban names like ‘plant-based bacon’
Manufacturers of plant-based meat alternatives are allowed to continue using…
Read more >Picnic continues French expansion
Dutch online supermarket Picnic continues its growth in the Paris…
Read more >Related news
KSH: retail turnover in December exceeded the same period of the previous year by 0.1 percent, falling 1.2 percent from the previous month
The volume of retail trade turnover exceeded the same period…
Read more >In December, the strong consumption of the Hungarian population was realized more abroad than in the turnover of domestic stores
In December, the strong consumption of the Hungarian population was…
Read more >KSH: industrial production decreased by 5.3 percent in December 2024
The volume of industrial production in December 2024 was 5.3…
Read more >