Exclusive-Pernod Ricard considers sale of Mumm champagne, sources say By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
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Source: Investing.com
Pernod Ricard's Potential Sale: Pernod Ricard is considering selling its champagne brand G.H. Mumm to focus on premium labels, with the process being managed by Rothschild & Co.
Financial Expectations and Company Strategy: The brand may be valued at over three times its annual sales of 200 million euros, although no final decision has been made regarding the sale as the company regularly evaluates strategic opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
