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Pernod Ricard

History

History

Pernod

Main article: Pernod Fils

1797 - Henri-Louis Pernod opened his first absinthe distillery in Switzerland.

1805 Maison Pernod Fils (simply known as Pernod Fils) was founded in Pontarlier, Franche-Comt in eastern France by Henri-Louis Pernod, a French distiller of Francophone Swiss origin, and started the production of the anise-flavored liquor known as absinthe.

1850 - Henri-Louis Pernod died.

1871 Distillerie Hmard was founded near Paris.

1872 Socit Pernod Pre & Fils opened in Avignon.

1915 Production and consumption of absinthe was prohibited in France. Most companies looked for alternatives and begin producing pastis instead.

1926 All 3 distilleries merged to form Les tablissements Pernod.

1951 Pastis 51, was launched.

1965 Takeover of Distillerie Rousseau, Laurens et Moureaux, producer of the Suze liquor since 1889.

Ricard

1932 Ricard which soon became France's favourite long drink, was founded in Marseille by Paul Ricard.

1940 Production of pastis was prohibited by the Vichy regime.

1944 Production of pastis became legal again.

1968 Paul Ricard retired, his son Patrick became CEO in 1978.

Pernod Ricard

1975 Old rivals Pernod and Ricard merged to form Pernod Ricard S.A..

1988 Pernod Ricard acquired Irish Distillers (which includes Jameson Irish whiskeys).

1989 Pernod Ricard acquired Orlando Wyndham (makers of Jacob's Creek).

1993 Pernod Ricard worked with Cuban companies to create Havana Club International.

2001 Pernod Ricard purchased 38% of Seagram's Wines and Spirits business.

2005 Pernod Ricard purchased Allied Domecq.

2008 Pernod Ricard purchased V&S Group including the Absolut Vodka brand, from the Swedish government.

Brands

Pernod Ricard owns a wide variety of beverage brands worldwide. These include:

Royal Salute whisky (scotch whisky)

Chivas Regal (scotch whisky)

The Glenlivet (single malt scotch whisky)

Jameson Irish Whiskey

Seagram's gin

Pernod aux extraits d'absinthe

Luksusowa (highest quality Polish potato vodka)

Absolut (vodka)

Wyborowa (vodka)

Ricard and 51 (pastis)

Martell (cognac)

Jacob's Creek (wine)

Pernod (anise-based spirit)

Zoco

Becherovka

DITA (lychee-based spirit)

Havana Club (rum).

Olmeca Tequila

Olmeca Altos Tequila

Olmeca Tezn Tequila

As of 26 July 2005, the brand portfolio expanded to include former Allied Domecq products:

Ballantine's scotch

Kahla coffee liqueur

Malibu coconut-flavored rum

Beefeater gin

Tia Maria liqueur

Stolichnaya vodka (which is now under William Grant & Sons)

Mumm champagne

Perrier-Jout champagne

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:

Sauza tequila

Courvoisier cognac

Canadian Club whisky

Clos du Bois

Other Sonoma and Napa wine brands

Laphroaig malt whisky

Teacher's Highland Cream Scotch whisky

Cockburn's port

Harveys sherries

Larios gin

DYC whisky

Fundador Spanish brandy

Centenario Spanish brandy

Kuemmerling German bitters

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.

Yoo-hoo chocolate beverage (notably non-alcoholic) was sold to Pernod Ricard in 1989, and in 2001 Pernod Ricard sold it to Cadbury Schweppes.

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

Irish Distillers - Irish subsidiary

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 2009-04-13.

^ "Pernod wins auction for Vin & Sprit". The Local. 2008-03-31. http://www.thelocal.se/10800/20080331/. Retrieved 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 2009-01-24.

External links

Official website

Pernod Ricard announces more senior changes

Companies portal

vde


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Categories: Companies listed on the Euronext exchanges | CAC 40 companies | Companies of France | Distillers companies | Multinational companies | Companies established in 1975 | Absinthe | Pernod Ricard brandsHidden categories: Portal:Companies/Total

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