By Cristina Roca 
 

Pernod Ricard SA (RI.FR) said Monday that it has bought the owner of premium-whiskey brand TX, Firestone & Robertson Distilling Co.

The French spirits maker said the deal will strengthen its presence and portfolio in the U.S. The Texan whiskey brand range includes super-premium whiskey and bourbon, Pernod said.

The transaction is expected to close soon, Pernod said. Financial details weren't disclosed.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

August 05, 2019 13:00 ET (17:00 GMT)

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