Anora To Sell Larsen Cognac Business To International Beverage
Nordic drinks firm Anora has announced that it plans to sell its Larsen cognac business to International Beverage Holdings Limited.
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Nordic drinks firm Anora has announced that it plans to sell its Larsen cognac business to International Beverage Holdings Limited.
ThaiBev’s International Beverage division will move into Cognac after agreeing to buy Anora's Larsen brand for €54.1 million (US$58m).
The proposal includes Larsen’s production site and eau-de-vie maturation stock in Cognac, France, as well as its Cognac brands.
International Beverage, the global arm of Thai Beverage Public Company Limited, has entered into an agreement to acquire the Larsen Cognac business from Nordic drinks group Anora.
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