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April 16, 2003

JAPAN: Pernod Ricard sells stake in Kirin Distillery

The French drinks group, Pernod Ricard, has announced that it has sold its stake in the former Seagram-Kirin joint venture, Kirin Distillery.

The French drinks group, Pernod Ricard, has announced that it has sold its stake in the former Seagram-Kirin joint venture, Kirin Distillery.

The disposal leaves Kirin Brewery with a 100% interest in Kirin Distillery. Kirin distributes a number of former-Seagram brands now owned by Pernod Ricard in Japan, including Chivas Regal, Martell, Royal Salute and Glen Grant.

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