|Public Société Anonyme|
|Traded as|| Euronext: RI |
CAC 40 Component
|Predecessor||Seagram Company Ltd., Allied Domecq |
|Alexandre Ricard (Chairman & Chief Executive Officer)|
|Revenue||€8.987 billion (2018)|
|€1.577 billion (2018)|
Number of employees
Pernod Ricard is a French company that produces alcoholic beverages. The company's eponymous products, Pernod Anise and Ricard Pastis, are both anise-flavoured pastis apéritifs and are often referred to simply as Pernod or Ricard . The company also produces several other types of pastis. It is the world’s second-largest wine and spirits seller.
After the banning of absinthe, Pernod Ricard was created from the Pernod Fils company, which had produced absinthe. Pernod Ricard owned the distilled beverage division of the former corporation Seagram (including brands like Chivas Regal) until 2006, along with many other holdings. In 2005, the company acquired a British-based competitor, Allied Domecq PLC.
In 2008, Pernod Ricard announced its acquisition of Swedish-based V&S Group, which produces Absolut Vodka. In 2013, Pernod Ricard joined leading alcohol producers as part of a producers' commitments to reducing harmful drinking.As of 2015, India is the company's third largest market by value.
In December 2018, Elliott Management Corporation purchased a 2.5% stake in Pernod Ricard.
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:
Pernod Ricard previously owned the non-alcoholic chocolate beverage Yoo-hoo, which was acquired from a group of private investors in 1989. Pernod Ricard also previously owned the carbonated citrus drink Orangina. Both brands were sold in 2001 to Cadbury Schweppes.
This article's Criticism or Controversy section may compromise the article's neutral point of view of the subject. (January 2016)
The Havana Club brand was lost to its founders, the Arechabala family, due to the 1959 Cuban Revolution, and an ongoing legal battle opposes the claimed trademark owners in the US to the joint venture between Pernod Ricard and the Cuban State-owned company Corporación Cuba Ron. The Havana Club trademark remains unchallenged elsewhere in the world, having been validated by court decisions in a number of countries other than the US.
According to the NGO Alliance anticorrida, Pernod Ricard is the major funder of bullfighting in France,financing bullfighting clubs and sponsoring corridas despite the opposition of a majority of French citizens to blood sports. There are few corridas in France where the bulls are killed in the Spanish type. Most native bull fights do not harm the animals: rosettes attached between the horns are plucked with a claw instrument, and the animals are returned to the pasture.
Whisky or whiskey is a type of distilled alcoholic beverage made from fermented grain mash. Various grains are used for different varieties, including barley, corn, rye, and wheat. Whisky is typically aged in wooden casks, generally made of charred white oak.
The Glenlivet distillery is a distillery near Ballindalloch in Moray, Scotland that produces single malt Scotch whisky. It is the oldest legal distillery in the parish of Glenlivet, and the production place of the Scottish whisky of the same name. It was founded in 1824 and has operated almost continuously since. The distillery remained open throughout the Great Depression and its only closure came during World War II. The Glenlivet distillery has grown in the post-war period to become one of the biggest single malt distilleries in order to keep up with global demand; The Glenlivet brand is the biggest selling single malt whisky in the United States and the second biggest selling single malt brand globally.
Allied Domecq PLC was an international company, headquartered in Bristol, United Kingdom, that operated spirits, wine, and quick service restaurant businesses. It was once a FTSE 100 Index constituent but has been acquired by Pernod Ricard. They had one distillery in India.
Pernod Fils was the most popular brand of absinthe throughout the 19th century until it was banned in 1915. During the Belle Époque, the Pernod Fils name became synonymous with absinthe, and the brand represented the de facto standard of quality by which all others were judged.
William Grant & Sons Ltd is an independent, family-owned Scottish company that distills Scotch whisky and other selected categories of spirits. It was established in 1887 by William Grant, and is run by Grant's descendants as of 2018. It is the largest of the handful of Scotch whisky distillers remaining in family ownership.
A master blender is an individual who develops specific blended spirits using a combination of spirits with different characteristics. For example, in the Scotch whisky industry, master blenders choose which single malts and grain whiskies to combine to make particular brands of blended whiskey. A master blender is not the same thing as a master distiller, although one person may do both jobs at small craft distilleries. As the name suggests, the blender creates blends using spirits from different casks and is responsible for making sure the product remains consistent across different batches, while the distiller is either directly responsible for the mashing and distilling of spirits or simply holds the title as the administrative and marketing figurehead of the company.
Glen Grant is a distillery founded in 1840 in Rothes, Speyside, that produces single malt Scotch whisky. Previously owned by Chivas Brothers Ltd, best known for their Chivas Regal blended scotch whisky, Glen Grant was purchased by the Italian company Campari Group in December 2005. It is the biggest selling single malt Scotch whisky in Italy.
Ballantine's is a range of Blended Scotch whiskies produced by Pernod Ricard in Dumbarton, Scotland.
Davide Campari-Milano S.p.A., trading as Gruppo Campari, is an Italian company active since 1860 in the branded beverage industry. It produces spirits, wines, and soft drinks. From its signature product, Campari Bitter, its portfolio has been extended to include over 50 brands, including Aperol, Appleton, Campari, Dreher, Cinzano, SKYY Vodka, Espolón, Wild Turkey and Forty Creek Whisky.
The Lochside distillery was a distillery in Montrose, Angus that produced single malt scotch whisky and grain whisky. The distillery was owned by Macnab Distilleries Ltd. and latterly, by Allied Distillers, a subsidiary of the former British drinks and restaurant group Allied Domecq.
Corby Spirit and Wine Limited is a Canadian alcohol manufacturing and distribution company. It was founded in 1859 in Corbyville, Ontario. As of 2008, the company is 46% owned by Pernod Ricard. The company distills several Canadian specialities, as well as marketing Pernod Ricard's products in Canada. Corby is listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B.
Teacher's Highland Cream is a brand of blended Scotch whisky produced in Glasgow, Scotland, by Beam Suntory, the US-headquartered subsidiary of Suntory Holdings of Osaka, Japan. The Teacher's Highland Cream brand was registered in 1884. Teacher's states that it uses "fully smoked peat single malt whisky from The Ardmore distillery as its fingerprint whisky" along with about 30 other single malt whiskies. Most of the output of the Ardmore distillery is used to produce the Teacher's brand.
Sazerac Company, Inc is a privately held American alcoholic beverage company headquartered in Metairie in the metropolitan area of New Orleans, Louisiana, but with its principal office in Louisville, Kentucky. The company is owned by billionaire William Goldring and his family. As of 2017, it operated nine distilleries, had 2,000 employees, and operated in 112 countries. It is one of the two largest spirits companies in the U.S., with annual revenue of about $1 billion made from selling about 300 mostly discount brands.
Beam Suntory, Inc. is an American company which is the subsidiary of Suntory Beverage & Food Ltd, which itself is a subsidiary of Suntory Holdings of Osaka, Japan. Its headquarters are in Chicago, Illinois. It is the third largest producer of distilled beverages worldwide behind Diageo and Pernod Ricard. They acquired 20 brands from Allied Domecq worth $5bn in 2005, which has turned them into one of the largest producers of whiskey in the international market.
St. George Spirits is an artisanal distillery located in Alameda, California that produces a range of alcoholic beverages under the direction of Master Distiller Lance Winters. They are known for producing vodka, absinthe, whiskey, rum, gin, brandy, liqueurs, and a range of exotic spirits.
Ricard is a pastis, an anise and licorice-flavored aperitif, created by Paul Ricard in 1932.