FRANCE: Pernod mends Agros divide as it restructures Polish subsidiary

By Chris Brook-Carter | 19 December 2000

The French drinks group Pernod Ricard may have gone some way to mending its damaging relationship with Highwood Partners, the minority shareholder in Pernod's Polish drinks and food enterprise Agros Holdings. Pernod Ricard today announced that it had got the backing of minority shareholders in Agros to restructure the Polish company, which clears the way for Pernod to bid for leading Polish distillery Polmos Poznan, which is currently being privatised.

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The French drinks group Pernod Ricard may have gone some way to mending its damaging relationship with Highwood Partners, the minority shareholder in Pernod's Polish drinks and food enterprise Agros Holdings. Pernod Ricard today announced that it had got the backing of minority shareholders in Agros to restructure the Polish company, which clears the way for Pernod to bid for leading Polish distillery Polmos Poznan, which is currently being privatised.

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