date:Apr 28, 2014
Pernod Ricard USA, a subsidiary of French wines and spirits firm Pernod Ricard, has agreed to acquire assets related to Kenwood Vineyards located in Sonoma Valley, California.
An agreement to this effect was signed by Pernod Ricard USA and F. Korbel Bros.
Pernod Ricard claims that the acquisition marks its confidence in its wine development portfolio as well as its ambitions in the US.
Pernod Ricard chief executive officer Pierre Pringuet said supporting the company's ambition in wine, Kenwo