16 January 2009 - Pernod Ricard announces today that it has signed an agreement to sell Lubuski Gin to Vinpol Sp. z o.o., a subsidiary from the German group Henkell & Co. Sektkellerei.
The transaction will be completed after securing the agreement of the relevant competition authorities, including approval by the European Commission.
As part of its acquisition of V&S Vin & Sprit AB, finalised on 23 July 2008, Pernod Ricard made a commitment to the European Commission to divest a number of brands including Lubuski Gin.
The German group Henkell & Co. Sektkellerei KG is an independent producer and distributor of sparkling wines, wines and spirits in Europe.