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Pernod Ricard

January 18, 2023

Pernod Ricard (French pronunciation: ​[pɛʁno ʁikaʁ]) is a French company best known for its anise-flavoured pastis apéritifs Pernod Anise and Ricard Pastis (often referred to simply as Pernod or Ricard). The world’s second-largest wine and spirits seller,[2] it also produces several other types of pastis.

Pernod Ricard S.A.
TypePublic Société Anonyme
Euronext Paris: RI
CAC 40 Component
ISINFR0000120693 
IndustryAlcohol
Founded1975; 48 years ago (1975)
FounderPaul Ricard
Headquarters
Paris
,
France
Area served
Worldwide
Key people
Alexandre Ricard (Chairman & Chief Executive Officer)[1]
ProductsAlcoholic beverages
Revenue€8.824 billion (2021)
€1.577 billion (2018)
Number of employees
18,915 (2022)
Websitepernod-ricard.com

History

 
Pernod mixed with water and ice

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.[3]

In December 2018, Elliott Management Corporation purchased a 2.5% stake in Pernod Ricard.[4]In December 2022, Pernot Ricard announced plans to open a US$250 million carbon-neutral whiskey distillery in Marion County, Kentucky in 2025.[5]

According to the NGO Alliance Anticorrida, Pernod Ricard was the major funder of bullfighting in France,[6][7] financing bullfighting clubs and sponsoring corridas despite the opposition of a majority of French citizens to blood sports. In 2020, Pernod Ricard ended the association with bullfighting clubs.[8]

Pernod

Main article: Pernod Fils
  • 1797 – Henri-Louis Pernod [fr], a Swiss distiller, opens his first absinthe distillery in Switzerland.
  • 1805 – Maison Pernod Fils (simply known as Pernod Fils) is founded in Pontarlier, Franche-Comté, eastern France, by Henri-Louis Pernod and begins production of the anise-flavored spirit 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.
  • 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 Suze liquor since 1889.

Ricard

  • 1932 – Ricard, which soon becomes France's favorite long drink, is founded in Marseille by Paul Ricard.
  • 1940 – Production of pastis is prohibited by the Vichy regime.[clarification needed]
  • 1944 – Production of pastis becomes legal again.
  • 1968 – Paul Ricard retires; his son Patrick becomes CEO in 1978.

Pernod Ricard

 
Head office of Pernod Ricard, 12 place des États-Unis, Paris, 16th arrondissement

Subsidiaries

  • Chivas Brothers Ltd – whisky and gin branch of Pernod Ricard. Owner of 13 Scotch malt distilleries, 1 grain distillery and 2 gin distilleries.
  • Pernod Ricard Winemakers – owner of Jacob's Creek, Brancott Estate, Campo Viejo, Ysios, Tarsus, Aura, Azpilicueta, and Siglo
  • Corby Distilleries – Canadian subsidiary; owner of Wiser's whisky, Lamb's rum; Hiram Walker & Sons Limited is majority shareholder of Corby and itself unit of Pernod Ricard
  • Pernod Ricard Rouss – subsidiary in the Russian Federation
  • Irish Distillers – Irish subsidiary
  • Pernod Ricard Armenia – Armenian subsidiary and owner of Yerevan Brandy Company
  • Pernod Ricard Hellas – subsidiary in Greece[11]
  • Pernod Ricard India – Indian subsidiary

Brands

Whisky
Vodkas
Other
Wine and Champagne

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.[12]

References

  1. ^ "Registration Document (with AMF) 2011/2012" (PDF). Pernod Ricard. Retrieved 8 December 2012.
  2. ^ "The bosses of two famous French firms struggle to keep customers". The Economist. 5 October 2017.
  3. ^ . Producers' Commitments. Archived from the original on 2015-12-22. Retrieved 2015-12-23.
  4. ^ "Activist investor takes stake in Pernod Ricard". 12 December 2018.
  5. ^ Worford, David (2022-12-12). "Pernod Ricard Plans Carbon-Neutral Kentucky Distillery". Environment + Energy Leader. Retrieved 2022-12-13.
  6. ^ . Alliance anti-corrida. Archived from the original on 2015-06-26. Retrieved 2015-06-26.
  7. ^ "Pernod Ricard, le plus gros sponsor [Pernod Ricard, bullfighting's major sponsor]". Alliance anti-corrida. Retrieved 2015-06-26.
  8. ^ "Pernod Ricard ends association with bullfighting clubs". www.drinks-insight-network.com. Retrieved 2020-10-01.
  9. ^ "Pernod wins auction for Vin & Sprit". The Local. 2008-03-31. Retrieved 2008-03-31.
  10. ^ "Pernod Ricard France acquires majority stake in cocktail brand Cockorico". FoodBev Media. 2022-12-23. Retrieved 2022-12-23.
  11. ^ "Pernod Ricard Hellas – The world's co-leader in wines and spirits". www.pernod-ricard-hellas.com. Retrieved 17 April 2018.
  12. ^ Hays, Constance L. (2000-01-26). "Orangina's owner still wants to sell brand, if the price is right". The New York Times. Retrieved 2016-09-02.

External links

 
Wikimedia Commons has media related to Pernod Ricard.
  • Official website

January 18, 2023
pernod, ricard, french, pronunciation, pɛʁno, ʁikaʁ, french, company, best, known, anise, flavoured, pastis, apéritifs, pernod, anise, ricard, pastis, often, referred, simply, pernod, ricard, world, second, largest, wine, spirits, seller, also, produces, sever. Pernod Ricard French pronunciation pɛʁno ʁikaʁ is a French company best known for its anise flavoured pastis aperitifs Pernod Anise and Ricard Pastis often referred to simply as Pernod or Ricard The world s second largest wine and spirits seller 2 it also produces several other types of pastis Pernod Ricard S A TypePublic Societe AnonymeTraded asEuronext Paris RI CAC 40 ComponentISINFR0000120693 IndustryAlcoholFounded1975 48 years ago 1975 FounderPaul RicardHeadquartersParis FranceArea servedWorldwideKey peopleAlexandre Ricard Chairman amp Chief Executive Officer 1 ProductsAlcoholic beveragesRevenue 8 824 billion 2021 Net income 1 577 billion 2018 Number of employees18 915 2022 Websitepernod ricard com Contents 1 History 1 1 Pernod 1 2 Ricard 1 3 Pernod Ricard 2 Subsidiaries 3 Brands 4 References 5 External linksHistory Edit Pernod mixed with water and iceAfter 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 amp S Group which produces Absolut Vodka In 2013 Pernod Ricard joined leading alcohol producers as part of a producers commitments to reducing harmful drinking 3 In December 2018 Elliott Management Corporation purchased a 2 5 stake in Pernod Ricard 4 In December 2022 Pernot Ricard announced plans to open a US 250 million carbon neutral whiskey distillery in Marion County Kentucky in 2025 5 According to the NGO Alliance Anticorrida Pernod Ricard was the major funder of bullfighting in France 6 7 financing bullfighting clubs and sponsoring corridas despite the opposition of a majority of French citizens to blood sports In 2020 Pernod Ricard ended the association with bullfighting clubs 8 Pernod Edit Main article Pernod Fils 1797 Henri Louis Pernod fr a Swiss distiller opens his first absinthe distillery in Switzerland 1805 Maison Pernod Fils simply known as Pernod Fils is founded in Pontarlier Franche Comte eastern France by Henri Louis Pernod and begins production of the anise flavored spirit known as absinthe 1850 Henri Louis Pernod dies 1871 Distillerie Hemard is founded near Paris 1872 Societe Pernod Pere amp Fils opens in Avignon 1915 Production and consumption of absinthe is prohibited in France 1926 All 3 distilleries merge to form Les Etablissements Pernod 1951 Pastis 51 is launched 1965 Takeover of Distillerie Rousseau Laurens et Moureaux producer of Suze liquor since 1889 Ricard Edit 1932 Ricard which soon becomes France s favorite long drink is founded in Marseille by Paul Ricard 1940 Production of pastis is prohibited by the Vichy regime clarification needed 1944 Production of pastis becomes legal again 1968 Paul Ricard retires his son Patrick becomes CEO in 1978 Pernod Ricard Edit Head office of Pernod Ricard 12 place des Etats Unis Paris 16th arrondissement 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 1998 Pernod Ricard acquires the Yerevan Brandy Company 2001 Pernod Ricard purchases 38 of Seagram s Wines and Spirits business 2005 Pernod Ricard purchases Allied Domecq 2008 Pernod Ricard purchases V amp S Group including the Absolut Vodka brand from the Swedish government 9 2022 Pernod Ricard acquired the French ready to serve cocktail brand Cockorico 10 Subsidiaries EditChivas Brothers Ltd whisky and gin branch of Pernod Ricard Owner of 13 Scotch malt distilleries 1 grain distillery and 2 gin distilleries Pernod Ricard Winemakers owner of Jacob s Creek Brancott Estate Campo Viejo Ysios Tarsus Aura Azpilicueta and Siglo Corby Distilleries Canadian subsidiary owner of Wiser s whisky Lamb s rum Hiram Walker amp Sons Limited is majority shareholder of Corby and itself unit of Pernod Ricard Pernod Ricard Rouss subsidiary in the Russian Federation Irish Distillers Irish subsidiary Pernod Ricard Armenia Armenian subsidiary and owner of Yerevan Brandy Company Pernod Ricard Hellas subsidiary in Greece 11 Pernod Ricard India Indian subsidiaryBrands EditWhisky100 Pipers Blended Scotch Whisky Aberlour Single malt Scotch whisky Ballantine s Blended Scotch whisky Blenders Pride Indian whisky Chivas Regal Blended Scotch whisky Clan Campbell Blended Scotch whisky The Glenlivet Single malt Scotch whisky Imperial Blue Indian whisky Jameson Irish whiskey Jefferson s Bourbon whiskey Long John Blended Scotch whisky Longmorn Single malt Scotch whisky Passport Scotch Scotch whisky Powers Irish whiskey Redbreast Irish whiskey Royal Salute Blended Scotch Whisky Royal Stag Indian whisky Scapa single malt Orkney Scotch whisky Something Special Blended Scotch whisky VodkasAbsolut Swedish vodka Fris Vodka Danish vodka FUEL Vodka Indian vodka Luksusowa Polish potato vodka Pan Tadeusz Polish vodka Siwucha Polish vodka Wyborowa Polish vodka OtherArArAt brandy Armenian brandy Becherovka Czech herbal bitters Beefeater gin DITA lychee based spirit Dubonnet wine based aperitif Havana Club rum Kahlua coffee liqueur Macieira Brandy Malibu coconut flavored rum Martell cognac Minttu peppermint liqueur Monkey 47 Montilla rum Olmeca Tequila Zoco Pernod Liqueur D Anis Pernod Absinthe Recette Traditionnelle Ricard and Pastis 51 pastis Suze Gentian Liqueur Tia Maria liqueur Wine and ChampagneCampo Viejo wine Aura wine Azpilicueta wine Jacob s Creek wine Mumm Champagne Perrier Jouet champagne Tarsus wine Siglo wine Ysios wine 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 12 References Edit Registration Document with AMF 2011 2012 PDF Pernod Ricard Retrieved 8 December 2012 The bosses of two famous French firms struggle to keep customers The Economist 5 October 2017 Home Producers Commitments Producers Commitments Archived from the original on 2015 12 22 Retrieved 2015 12 23 Activist investor takes stake in Pernod Ricard 12 December 2018 Worford David 2022 12 12 Pernod Ricard Plans Carbon Neutral Kentucky Distillery Environment Energy Leader Retrieved 2022 12 13 Alliance anti corrida Anti Bullfighting Alliance Alliance anti corrida Archived from the original on 2015 06 26 Retrieved 2015 06 26 Pernod Ricard le plus gros sponsor Pernod Ricard bullfighting s major sponsor Alliance anti corrida Retrieved 2015 06 26 Pernod Ricard ends association with bullfighting clubs www drinks insight network com Retrieved 2020 10 01 Pernod wins auction for Vin amp Sprit The Local 2008 03 31 Retrieved 2008 03 31 Pernod Ricard France acquires majority stake in cocktail brand Cockorico FoodBev Media 2022 12 23 Retrieved 2022 12 23 Pernod Ricard Hellas The world s co leader in wines and spirits www pernod ricard hellas com Retrieved 17 April 2018 Hays Constance L 2000 01 26 Orangina s owner still wants to sell brand if the price is right The New York Times Retrieved 2016 09 02 External links Edit Wikimedia Commons has media related to Pernod Ricard Official website Retrieved from https en wikipedia org w index php title Pernod Ricard amp oldid 1133600081, wikipedia, wiki, book, books, library,

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