Fortune Brands prepares to acquire several spirits and wine brands from Pernod Ricard
The brands that Fortune Brands plans to purchase include Sauza tequila, Courvoisier cognac, Canadian Club whisky, Maker's Mark bourbon, Laphroaig single-malt Scotch and Clos du Bois wines.
As announced on April 21st, Fortune Brands will purchase from Pernod Ricard several of the premium spirits and wine brands included in Pernod Ricard's acquisition of Allied Domecq. The brands Fortune Brands plans to purchase include Sauza tequila, Courvoisier cognac, Canadian Club whisky, Maker's Mark bourbon, Laphroaig single-malt Scotch and Clos du Bois wines. The FTC is continuing its review of the company's proposed acquisition of the Maker's Mark brand, and Fortune Brands is continuing to work constructively with the FTC to secure regulatory approval to purchase Maker's Mark. As previously disclosed, continued regulatory review of Maker's Mark will not prevent Fortune Brands from completing its purchase of all other brands from Pernod Ricard on the anticipated July 26th closing date.
The Pernod Ricard acquisition of Allied Domecq remains subject to the approval of English courts, necessary regulatory approvals and other customary conditions.
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