Pernod Ricard has said it has signed a deal to sell Lubuski Gin to a subsidiary of German firm Henkell & Co. Sektkellerei.

The deal, announced today (16 January), is part of Pernod's commitment to EU competition authorities to sell off several brands following its acquisition of Vin & Sprit last year.

If approved by regulators, Lubuski Gin will become part of Henkell's Vinpol Sp business. Henkell is a producer and distributor of wines and spirits.

A fee for the sale was not disclosed.