Pernod Ricard (PDRDY.PK) announced that it has signed an agreement to sell a number of Swedish and Danish assets to Altia for a cash consideration of SEK 835 million, or € 82 million at current exchange rate.
The transaction includes a number of local wine and spirits brands including in particular Explorer vodka, Lord Calvert whisky, Enkelt bitter, Blossa glögg and Chill Out wines, A bottling facility located in Svendborg, Denmark, two logistic centres located in Odense, Denmark and Årsta, Sweden.
Related long-term production, bottling and logistic services agreements between Pernod Ricard Sweden, Pernod Ricard Denmark and Altia have also been concluded.
The transaction is subject to customary regulatory approvals, including that of the Swedish competition authorities.
This transaction brings Pernod Ricard closer to the achievement of its €1 billion disposal plan or about €0.8 billion achieved to date.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.