For those of you with long memories, yesterday’s (26 March) initial media reports of deal talks between Pernod Ricard and Brown-Forman – and then the subsequent confirmation by the two companies – probably brought to mind previous mega-deals in spirits, including Suntory Holdings’ purchase of Beam in 2014 or, perhaps more pertinently, the 2005 takeover of Allied Domecq or the 2000 purchase of Seagram.
Treasury Wine Estates brushes off Daou deal scepticism
“Don't be concerned that this will take away from anything to do with the trajectory of Penfolds” – TWE CEO Tim Ford.
Jessica Broadbent November 01 2023








