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Tilaknagar Industries jumped 2.96% to Rs 36.50 after the company said it entered into an agreement with Pernod Ricard India to manufacture its products in India.Tilaknagar Industries has entered and executed an agreement on 1 April 2021 with Pernod Ricard India (PRIPL) to manufacture products for PRIPL at the company s bottling facilities in Maharashtra. The agreement is effective immediately and shall remain valid for the period of 10 years and shall be renewable thereafter by mutual consent. The co-operation could be extended to more states in the near future. Shares of Tilaknagar Industries rallied for third trading session. The stock has added nearly 24% in three days from its previous closing low of Rs 29.45 posted on 31 March 2021. ....
Pernod Ricard Collaborates with Lafayette Imports to Strengthen Brand-Building Capabilities Press release Paris, 17th March 2021 Pernod Ricard (Paris:RI) announces a collaboration with Lafayette Imports, a new company founded by Biggar Leith partners Elwyn Gladstone and Mark Teasdale. The new venture will bring unique brand-building capabilities to certain super-premium brands in the Group s portfolio. Lafayette Imports will take on Pernod Ricard s Plymouth Gin, Powers Irish Whiskey and a range of craft Irish Whiskey brands including Knappogue Castle Single Malts and Clontarf. These brands will be combined with Biggar Leith s spirits portfolio of Spytail Rum, Hotel Starlino Vermouth, Stambecco Amaro, The Gladstone Axe Malt Scotch, Shanky s Whip and The Butterfly Cannon Tequila to create a dynamic portfolio of noteworthy imports in fast growing and dynamic categories. ....
Pernod Ricard Confirms That Age-Restriction Labelling Will Be Added to All Its Bottles, 3 Years Ahead of Schedule Regulatory News: Pernod Ricard (Paris:RI): At a time when all players in the wine and spirits industry are being hard hit by this unprecedented crisis with a record drop of 9.8% in the volume of wine, beer and spirits consumed in France 1 in 2020, representing a fall of 28 million bottles for spirits alone 1, the sharpest decline in 30 years and at a time when bars, restaurants and clubs are suffering enormously, with thousands of bankruptcies expected in the sector, Pernod Ricard has not abandoned its commitments and is continuing its prevention and education roadmap for the responsible consumption of its products. More than 150 initiatives are currently being developed in France and around the world by the Group, either alone or with other partners. Warning of the dangers of excessive or inappropriate consumption, protecting at-risk groups such ....
Pernod Ricard to Acquire Majority Stake in La Hechicera Ultra-premium Colombian Rum Regulatory News: Pernod Ricard (Paris:RI) is delighted to announce the signing of an agreement for the acquisition of a majority stake in La Hechicera, a Colombian ultra-premium rum launched in 2012 by Miguel and Laura, members of the long-established spirit-producing Riascos family, along with their friend Martamaria Carrillo. The family has been in the rum business for three generations with Casa Santana Ron y Licores. La Hechicera ( The Enchantress ) became a gold standard in upmarket rum, thanks to its multi-award winning La Hechicera Reserva Familiar, a blend of rums without added sugar, aged in former bourbon barrels made of American white oak. The brand s unique craftmanship makes La Hechicera one of the most exclusive high-end rums. ....