Pernod Ricard has confirmed it is close to completing the disposal of SIAS-MPA to Butler Capital Partners (BCP). SIAS-MPA, a major world player in fruit preparation for the milk industry, is currently valued at €170m (US$151.8m) (including debts and minority interests). This could increase by €25m, allowing Pernod Ricard to benefit from the future profit achieved by Butler Capital Partners when they choose to exit.