Pernod Ricard Takes Majority Stake in Codigo 1530 Tequila

Dear Client:   Pernod Ricard is on a hot investment streak. The company announced today that it has acquired a majority stake in Codigo 1530 Tequila, further bolstering its presence in the agave category. Financial details were not disclosed. Codigo 1530 is a former private label tequila created by Federico Vaughan and launched under its current name in 2016. American businessman Ron Snyder as well as country music sensation George Strait are also investors in the company. The product is