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Industry | Drink industry |
---|---|
Founded | 1994 |
Defunct | 2005 |
Fate | Acquired |
Successor | Pernod Ricard |
Headquarters | Bristol, United Kingdom |
Allied Domecq PLC was a multinational company, headquartered in Bristol, United Kingdom, that operated spirits, wine, and quick service restaurant businesses.
It was once a FTSE 100 Index constituent and the world's second-largest spirits group but has been acquired by Pernod Ricard. [1]
Allied Domecq was the result of a 1994 merger between Allied Lyons and Pedro Domecq S.A. [2] Allied Lyons itself was the result of a 1978 merger between Allied Breweries and the food and catering group J. Lyons and Co. [2] [3] In 1999 the 3,500 strong pub division was sold to Burton-based Punch Taverns for £3bn after a bidding war with Whitbread. [4]
In early 2005, a takeover bid for the company was launched by French-based rival Pernod Ricard S.A. Pernod Ricard successfully completed acquisition on 26 July 2005 and sold off the overlapping spirits brands to U.S.-based competitor Fortune Brands and British-based multinational Diageo. [5] On 12 December 2005, Pernod Ricard announced that it had agreed to sell the restaurant businesses (Dunkin' Brands) to a consortium of three US private equity firms (Thomas H. Lee Partners, the Carlyle Group and Bain Capital LLP) for $2.43 billion. The closing of the sale occurred on 1 March 2006. [6]
Many malt distilleries were operated by Allied Domecq and former company Allied Lyons. Some are still open under new owners: [1]
Distillery | Founded | Owners |
Balblair | 1790 | Inver House Distillers |
Glenburgie | 1810 | Chivas Brothers |
Glencadam | 1825 | Angus Dundee Distiller |
Glenugie | 1831 | Closed 1983, Demolished |
Inverleven | 1938 | Closed 1991, Demolished |
Kinclaith | 1957 | Closed 1975, Demolished |
Laphroaig | 1815 | Suntory Global Spirits |
Lochside | 1957 | Closed 1992: Demolished |
Miltonduff | 1824 | Chivas Brothers |
Scapa | 1885 | Chivas Brothers |
Tormore | 1958 | Elixir Distillers |
Allied Domecq's operated a combination of nine core global brands, plus a selection of local market leaders. [1]