Pernod sells Spanish wine brands

22 July, 2010

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.

The buyers are a consortium made up of Vinos de los Herederos del Marqués de Riscal SA and Gangutia SL (Bodegas Muriel) and the purchase was made for a cash consideration of €28 million on a debt free / cash free basis.

The transaction was signed and the cash consideration was paid simultaneously on July 21, 2010.

Pernod Ricard was advised in this transaction by BBVA Corporate Finance and Cuatrecasas-Gonçalves-Pereira.

Printer friendly version
Email this article to a friend
Keywords: free, wine, pernod, pernod ricard, de, made, spanish wine, transaction, wine brands, SA, cash, bodegas, marqués, consideration, marqués de, cash consideration, spanish wine brands, debt free cash, 21 2010 pernod, free cash free, cash free basis, SL, BBVA




Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Ben Branson

Ben Branson on the future of non-alc spirits

In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.

Instagram

Facebook

Twitter