Pernod completes Ambrosio Velasco sale

06 September, 2010

Pernod Ricard Espana has completed the sale of its shares in Ambrosio Velasco to Diego Zamora for a total price of 32.4 M€ in cash.

The announcement follows “satisfaction of regulatory closing conditions” and the proposal was first announced on July 1 2010.

Ambrosio Velasco SA is a Spanish company that owns among others the brand Pacharán Zoco, Palacio de la Vega wine from Navarra, and related assets.

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