Pernod Ricard Acquires German Hipster Favorite Monkey 47 Gin

  • Acquisition reflects Pernod's hunt for more craft spirits
  • Deal terms not disclosed; founder Alexander Stein will remain

Pernod Ricard SA acquired a majority stake in Black Forest Distillers GmbH, the maker of Monkey 47 gin, adding the first upmarket gin to its spirit collection.

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