POLAND: Pernod will sacrifice vodka rights for Polmos prize

By Elliot Lane | 9 February 2001

Pernod Ricard is ready to end its ongoing vodka trademark disputes with the Polish state treasury, on condition it takes full control of Polmos Poznan, producer of the popular Wyborowa brand.

According to the Polish press, the negotiations with Pernod Ricard's Polish subsidiary Agros Holdings, which have been taking place for over a year now, have reached a deadlock due to political pressure from Poland's opposition party. Agros holds the export rights to the vodkas Wyborowa and Zubrowka Bison grass and some politicians are opposed to a foreign company owning what they regard as state assets.

Under the agreement, Pernod Ricard will receive exclusive rights to negotiate the terms of privatisation with the state treasury. The treasury has said it wants to pass the distribution and trademark rights of the country's spirits brands back to the individual Polmoses (distilleries).

The Polish press claim that potential bidders interested in Poznan, such as the Eckes/Vin & Sprit consortium, and Royal Bols Distilleries, have turned their attentions to participate in the tender of Polmos Zielona Gora. All three companies and the Underberg/Adamba consortium are on the shortlist, the report said.

Pernod Ricard was unavailable to comment.

Companies: Pernod, Bols

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