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Pernod Ricard to Sell US Sparkling Wines Activities to Trinchero Family

MT Newswires·12/17/2025 00:09:15
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12:09 AM EST, 12/17/2025 (MT Newswires) -- Spirits and wines company Pernod Ricard (RI.PA) agreed to sell its US sparkling wines activities to Trinchero Family Wine and Spirits. The activities cover the Mumm Sparkling California, Mumm Napa, and DVX brands, according to a Tuesday release. The transaction is expected to conclude in the spring of 2026, subject to customary conditions.