By Pietro Lombardi

Pernod Ricard SA (RI.FR) has signed an agreement with Biggar & Leith for the acquisition of Malfy, an Italian super-premium gin brand.

Malfy, which offers a range of super-premium gins, is present in a number of international markets, including the U.S. and the U.K., Pernod Ricard said Wednesday.

Financial details of the deal weren't disclosed.

"This acquisition is true to our long-standing strategy of investing in brands with strong potential in growing categories," Christian Porta, managing director of global business development of Pernod Ricard, said.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

April 17, 2019 01:56 ET (05:56 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Pernod Ricard (EU:RI)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024 Plus de graphiques de la Bourse Pernod Ricard
Pernod Ricard (EU:RI)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024 Plus de graphiques de la Bourse Pernod Ricard