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17 October, 2024

Pernod Ricard to sell off local Nordic brands

French spirits group Pernod Ricard has announced that it has signed an agreement to sell its Nordic local brand to Finnish multi-beverage company, Oy Hartwall AB.

Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.

Independent St Andrews-based distillery Eden Mill has announced a long-term partnership with Scottish biotech company, and Earthshot Prize finalist, MiAlgae to repurpose whisky effluent to grow microalgae.

The Wine and Spirit Education Trust (WSET), has announced the appointment of Regine Lee MW to its board of trustees.

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Zamora Company, owner of Licor 43 and Ramón Bilbao, has announced a two million euro investment to expand its Villa Massa limoncello plant on the Sorrento peninsula in Italy.

Nordic wine and spirits brand house, Anora Group, has announced the retirement of chief executive Jacek Pastuszka.

Diageo has proposed a redevelopment of the Talisker distillery, which will see the previous facilities demolished if plans are approved.

The World’s 50 Best Bars has revealed the extended 51-100 list ahead of the main ceremony taking place in Madrid on 22 October.

Sotheby’s is entering a long-term partnership with Chivas Brothers to bring aged, one-off creations to auction, exclusively for Sotheby’s collectors.

To celebrate its 100th anniversary, The Gleneagles Hotel in Scotland has partnered with Glenfiddich to launch a 49-year-old single malt.

Chivas Brothers, the Scotch whisky arm of Pernod Ricard, has collaborated with sake brewery Masuizumi on a new spirit.

House of Suntory has announced the release of Hibiki 40 Years Old, the oldest blended whisky to ever be produced by the brand.

Moët Hennessy has made a strategic investment in French Bloom alcohol-free sparkling wines, through the acquisition of a minority stake.

Spanish wine brand Perelada will host the first Symposium of Mediterranean Wines on 24 March 2025.

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