Trinchero Family Acquires Mumm Napa from Pernod Ricard

Dear Client: Trinchero Family Wine & Spirits announced today it has agreed to acquire California sparkling wine house Mumm Napa from Pernod Ricard. No financial details were shared.  Mumm Napa was established in the late 1970s, and was acquired by Pernod Ricard in 2005 as part of its larger acquisition of Allied Domecq. Mumm Napa is among the top five domestic sparkling wine brands, trending ahead of the sparkling wine category in Circana scans.  The acquisition includes the destination winery