Pernod sells Lindauer wine brand

18 October, 2010

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.

The brands have been acquired by a consortium of buyers made up of Lion Nathan New Zealand and Indevin for a cash consideration of NZD 88 million (circa € 47 million).

The transaction was signed on October 18, 2010.

The closing of the transaction is subject to the New Zealand Overseas Investment Office’s clearance.

Pernod Ricard was advised in this transaction by Rabobank and Bell Gully.

Lion Nathan New Zealand is a business unit of Lion Nathan National Foods, Australasia’s largest food and beverage company.

Indevin is New Zealand’s largest independent contracting winemaker.

Printer friendly version
Email this article to a friend
Keywords: new, announced, brands, wine, million, zealand, new zealand, new zealand wine, buyers, lion, cash consideration, nathan, indevin, million circa, nzd 88, nathan new, zealand wine brands, 88 million circa, nathan new zealand, lion nathan new, NZD




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: How to brand non-alc spirits

There are many different elements to consider when launching a non-alcoholic spirits brand. Aside from creating the liquid, the bottle design and communication are also crucial touchpoints.

Instagram

Facebook

Twitter