PARIS--Pernod Ricard (RI: Paris) announced on April 1st, 2026, that they have completed the sale of Mumm sparkling wine activities in the United States. The sale includes Mumm Sparkling California, Mumm Napa, and DVX brands, with the exception of champagne, to Trinchero Family Wine and Spirits. This divestment aligns with the company's strategy as indicated in the press release from December 16, 2025. The successful transaction signifies the satisfaction of closing conditions.