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Pernod Ricard Group sells Marqués de Arienzo™, its related Bodega and vineyards for a cash consideration of € 28 million

07/22/2010

Pernod Ricard announces the disposal, by its subsidiary Domecq Bodegas, of Spanish wine brands Marqués de Arienzo™ and Viña Eguίa™, the related Bodega and 358 hectares of vineyards and lands to a consortium of buyers made up of Vinos de los Herederos del Marqués de Riscal SA and Gangutia S.L. (Bodegas Muriel) for a cash consideration of € 28 million on a debt free / cash free basis.

Pernod Ricard Group sells Marqués de Arienzo™, its related Bodega and vineyards for a cash consideration of € 28 million

The transaction was signed and the cash consideration was paid simultaneously on July 21st, 2010.

Pernod Ricard was advised in this transaction by BBVA Corporate Finance and Cuatrecasas-Gonçalves-Pereira.

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About Vinos de los Herederos del Marqués de Riscal SA


Vinos de los Herederos del Marqués de Riscal has always been a pioneer company seen as a reference in its sector. It turned to be the first bodega in 1858 to elaborate its wines based on methods coming from Bordeaux region. In 1972, it was also the first bodega to impulse the development of Denomination of Origin Rueda, where its much vaunted White wines are elaborated. More recently it opened the Ciudad del Vino with a frontrunner building conception from the architect Frank O. Gehry, which is known as the most vanguardish work performed to date by a Spanish bodega. Marqués de Riscal distributes its products within more than 92 countries. They have received the highest international awards and benefit from many references in specialized press.

About Gangutia S.L.

The Bodegas Muriel-Gangutia Group is currently managed by the Murúa family’s third generation (Murúa Gangutia), which has developed its Rioja wines commercialization, selling 80% of its wines in international markets.




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