Altia has signed an agreement to acquire cognac brand Renault from Pernod Ricard for a cash consideration of €10m.

Pernod Ricard New Zealand has announced the disposal of its Lindauer wine brand. The company has also announced the sale of several other New Zealand wine brands from Gisborne and Hawke’s Bay together with their related inventories and assets.

Pernod Ricard has announced the disposal, by its subsidiary Domecq Bodegas, of Spanish wine brands Marqués de Arienzo and Viña Eguίa. The sale also includes the related Bodega and 358 hectares of vineyards and lands.

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Joe Bates

Why craft brands are gaining traction

I’ve always maintained that the cards are stacked against craft spirits brands wanting to build a meaningful travel retail presence.

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