Hicks, Muse, Tate & Furst (''Hicks Muse''), a leading private investment firm, today announced that it has reached an agreement to sell G.H. Mumm & Cie. (''Mumm'') and Champagne Perrier-Jouet (''Perrier-Jouet'') to Allied Domecq PLC (''Allied Domecq'') for Euro 575 million (approximately $506 million) in cash. The businesses will be acquired debt free. It is expected that the transaction will be completed by the end of January 2001.
USA: Hicks, Muse, Tate & Furst to Sell Mumm and Perrier-Jouet Champagne Brands to Allied Domecq
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
Olly's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- Why is Pernod still in the wine category?
- Will the latest attack on the big brewers stick?
- Is FEMSA trying to bloody Heineken's nose?
- Diageo performance trends 2013-2017 - results data
- What does alcohol's future look like?
News
- Fever-Tree names ex-Diageo exec as innovation head
- Top alcohol CEOs join forces for digital pledge
- FEMSA makes 163% killing from Heineken stake sale
- Asahi ready to spend "billions of dollars" more
- US craft beer approaching "SKU rationalisation"
Market research
- Global Spirit Market to 2021 - Market Size, Development, Top 10 Countries, and Forecasts
- Wine Markets in the World to 2021 - Market Size, Development, and Forecasts
- Top Trends in Alcoholic Drinks 2017: Exploring the latest trends in beer, cider, spirits and wine categories
- Global Tequila and mezcal insights - market forecasts, product innovation and consumer trends
- Emerging Drinks Industry Trends
