Pernod takes full ownership of Monkey 47

French drinks group Pernod Ricard has continued its acquisition spree by purchasing the remaining stake in Monkey 47 gin for an undisclosed sum. Pernod Ricard initially bought a majority stake in Monkey 47 in 2016 and is now the sole owner of the ultra-premium brand. Alexandre Ricard, chairman and CEO of Pernod Ricard, said: “This partnership is a clear example of Pernod Ricard’s ability to incubate small independent distilleries while respecting entrepreneurial freedom and the…

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