date:Jul 15, 2014
Pernod Ricard USA, a subsidiary of French wines and spirits firm Pernod Ricard, has increased its significant majority stake in Avin Spirits, with the purchase of additional stake from its joint-venture partner Tequila Avin.
The move demonstrates the company's potential to seize targeted external growth opportunities in the American spirits segment and it will enable the company to further build its brand over the years.
Pernod Ricard USA chief executive officer Bryan Fry said that Avin has de