Pernod Ricard considers selling its GH Mumm champagne brand to focus on premium spirits.

Pernod Ricard, known for Absolut Vodka and Jameson, is considering selling its champagne brand GH Mumm to focus on premium labels. The company is working with Rothschild & Co and aims to sell Mumm for at least three times its annual sales of €200 million. No final decision has been made, and the company is assessing strategic options to benefit its stakeholders.

2 months ago
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