Pernod Ricard, the world’s second largest wines and spirits company, on Friday announced that it is forming a joint venture to produce and distribute whisky in Myanmar with Yoma Strategic Holdings Ltd and its partners.
The French company will hold a majority stake in the venture, while the remaining equity would be split between Yoma Strategic, Delta Capital Myanmar, and Htun Win and Zaw Win (Win Brothers), who are experienced professionals in Myanmar’s alcoholic beverages sector.
