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Pernod Ricard Strengthens Stake in Sovereign Brands

By November 23, 2022Top News

Pernod Ricard increased its minority stake in Sovereign Brands’ portfolio of super premium wine and spirits brands. The company said in a statement that the additional investment will strengthen the “already successful and ambitious long-term partnership” that formed in September 2021. Sovereign Brands is a family company founded by brothers Brett and Brian Berish, whose portfolio of brands includes the Luc Belaire line of French sparkling wines; McQueen and the Violet Fog gin from Jundiaí, Brazil; Bumbu, a line of rum products; and its newest release Villon, a French liqueur. Over the last 12 months, Pernod Ricard and Sovereign Brands accelerated the growth of Sovereign’s portfolio, with both companies initiating several joint incubation projects.

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