Brown-Forman Family Favors Pernod Ricard Bid Over Sazerac

The family controlling Brown-Forman reportedly favors a sale to Pernod Ricard over a rival bid from Sazerac. The decision follows interest from both distillers.

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The family controlling BROWN-FORMAN CORP-CLASS A, the producer of Jack Daniel's, is reportedly in favor of a sale to the France-based distiller Pernod Ricard. This preference comes amid a competing bid from Sazerac, a spirits company based in the United States.

Whiskey barrels are transported by truck at the Jack Daniel Distillery in Lynchburg, Tennessee, United States, on February 3, 2025. REUTERS/Kevin Wurm
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