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UPDATE 1-Pernod Ricard extends push into craft spirits with Monkey 47 gin

2016-01-29 15:15:11| Beverages - Topix.net

Jan 29 Pernod Ricard, the world's second-largest spirits group, plans to buy a majority stake in super premium German gin maker Monkey 47 from parent Black Forest Distillers GmbH to tap growing global demand for craft spirits, it said on Friday. With small, independent distillers popping up and taking market share worldwide, spirits giants such as Pernod Ricard and Diageo have responded with premium products that tout small batch production and local credentials.

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