Pernod Ricard
From Wikipedia, the free encyclopedia
 |
|
| Type | Public (Euronext: RI) |
|---|---|
| Founded | 1975 |
| Headquarters | Paris, France |
| Key people | Pierre Pringuet (CEO), Patrick Ricard (Chairman of the board) |
| Industry | Drinks |
| Products | Alcoholic beverages |
| Revenue | €6.589 billion (year - June 2008)[1] |
| Operating income | ▲ €1.522 billion (yr - Jun 2008)[1] |
| Profit | ▲ €840 million (yr - Jun 2008)[1] |
| Employees | 17,630 (2008)[1] |
| Website | www.pernod-ricard.com |
Pernod Ricard (Euronext: RI) is a French company that produces alcoholic beverages. The company's most famous products, Pernod Anise and Ricard Pastis, are both anise liqueurs, and often referred to as simply Ricard or Pernod. The company also produces several other types of pastis.
Reborn from the Pernod Fils company as a producer of anise liqueur following the ban on absinthe, it is now a worldwide conglomerate. It owns the Austin, Nichols company (maker of Wild Turkey whiskies) and the alcoholic beverage division of the former Seagram corporation, among many other holdings. In 2005, the company acquired British-based international competitor Allied Domecq plc.
In 2008, Pernod Ricard announced the acquisition of Swedish-based V&S Group including Absolut Vodka.
Contents |
[edit] History
[edit] Pernod
- 1797 - Henri-Louis Pernod opens his first absinthe distillery in Switzerland.
- 1805 – Maison Pernod Fils (simply known as Pernod Fils) is founded in Pontarlier, Franche-Comté in eastern France by Henri-Louis Pernod, a French distiller of Francophone Swiss origin, and started the production of the anis-flavored liquor known as absinthe.
- 1850 - Henri-Louis Pernod dies.
- 1871 – Distillerie Hémard is founded near Paris.
- 1872 – Société Pernod Père & Fils opens in Avignon.
- 1915 – Production and consumption of absinthe is prohibited in France. Most companies look for alternatives and begin producing pastis instead.
- 1926 – All 3 distilleries merge to form Les Établissements Pernod.
- 1951 – Pastis 51, is launched.
- 1965 – Takeover of Distillerie Rousseau, Laurens et Moureaux, producer of the Suze liquor since 1889.
[edit] Ricard
- 1932 – Ricard which will soon become France's favourite long drink, is founded in Marseille by Paul Ricard.
- 1940 – Production of pastis is prohibited by the Vichy regime.
- 1944 – Production of pastis becomes legal again.
- 1968 – Paul Ricard retires, his son Patrick becomes CEO in 1978.
[edit] Pernod Ricard
- 1975 – Old rivals Pernod and Ricard merge to form Pernod Ricard S.A..
- 1988 – Pernod Ricard acquires Irish Distillers (which includes Jameson Irish whiskeys).
- 1989 – Pernod Ricard acquires Orlando Wyndham (makers of Jacob's Creek).
- 1993 – Pernod Ricard works with Cuban companies to create Havana Club International.
- 2001 – Pernod Ricard purchases 38% of Seagram's Wines and Spirits business.
- 2005 – Pernod Ricard purchases Allied Domecq.
- 2008 – Pernod Ricard is announced as the winner of a bidding war to buy V&S Group include the Absolut Vodka brand, from the Swedish government[2].
[edit] Brands
Pernod Ricard owns a wide variety of beverage brands worldwide. These include:
|
|
As of 26 July 2005, the brand portfolio expanded to include former Allied Domecq products:
|
|
Lincolnshire, Illinois-based Fortune Brands acquired a number of former Allied Domecq brands from Pernod Ricard following Pernod Ricard's acquisition of Allied Domecq. These include:
|
|
Fortune Brands' agreement with Pernod Ricard also included the purchase of the Maker's Mark bourbon brand, which remained subject to regulatory clearance in the United States. While the U.S. Federal Trade Commission conducted its review, Maker's Mark was owned and managed by Pernod Ricard and Pernod Ricard received the earnings from the brand. Fortune Brands was compensated with interest payments upon transfer of the brand.[3]
Yoo-hoo chocolate beverage (notably non-alcoholic) was sold to Pernod Ricard in 1989, and in 2001 Pernod Ricard sold it to Cadbury Schweppes.
[edit] Subsidiaries
- Pernod Ricard Pacific (Australia) – Owner of Orlando Wines (incl. Jacob's Creek) and Wyndham Estate
- Pernod Ricard NZ – Owner of Montana Wines
- Corby Distilleries - Canadian subsidiary, owner of Wiser's whisky, Lamb's rum
- Pernod Ricard Rouss - Subsidiary in the Russian Federation
[edit] See also
[edit] Notes
- ^ a b c d "Annual Report 2007/2008" (PDF). Pernod Ricard. http://www.pernod-ricard.com/medias/Finance/PDF/RapportAnnuel/20072008/Pernod%20Ricard_RA2008-GB-partie1.pdf. Retrieved on 2009-04-13.
- ^ "Pernod wins auction for Vin & Sprit". The Local. 2008-03-31. http://www.thelocal.se/10800/20080331/. Retrieved on 2008-03-31.
- ^ "FORTUNE BRANDS RECEIVES REGULATORY CLEARANCE TO COMPLETE PURCHASE OF MAKER'S MARK". http://www.fortunebrands.com/news/ReleaseDetail.cfm?ReleaseID=175324&ReleaseType=Corporate. Retrieved on 2009-24-01.
[edit] External links
|
|||||
