French Pernod Ricard, the world’s n° 2 in wines and spirits, acquires the remaining stake in Black Forest Distillers GmbH and thereby in the Black Forest-based multi-award winning premium dry-gin brand “Monkey 47”. As already in 2016 with respect to the majority interests, Taylor Wessing has been advising the founders and proprietors in the sale of the remaining stake in the brand, which has gained cult status with bartenders and connoisseurs. The parties agreed not to reveal details of the transaction. The transaction is completed.
Legal counsel to the Sellers:
Taylor Wessing (Munich): Dr. Christian Traichel (Lead Counsel, Corporate/M&A), Dr. Rebekka Krause (Corporate/M&A), Dr. Marco Hartmann-Rüppel (Merger Control, Hamburg), Dr. Bert Kimpel (Tax, Düsseldorf).