Pernod Ricard Net Worth is7.9 12-Month Sales Growth (%)
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Company Name: Pernod Ricard S.A.
Company Type: S.A. (corporation)
Traded As: RI
Foundation: 1975
Location City: Paris
Location Country: France
Key People: Patrick Ricard (Chairman), Pierre Pringuet (chief executive officer)
Industry: Drinks
Products: Distilled beverages
Revenue: Euro7.643 billion (2010/2011) Operating Income: €1.852 billion (2010/2011) Net Income: €1.045 billion (2010/2011) Assets: €25.70 billion (June 2011) Equity: €9.474 billion (June 2011) Num Employees: 18,230 (June 2011) Homepage: [http://pernod-ricard.com/ pernod-ricard.com]
Intl: yes
Pernod Ricard is a French company that produces distilled beverages. The company's eponymous products, Pernod Anise and Ricard Pastis, are both anise-flavoured liqueurs and are often referred to simply as Pernod or Ricard. The company also produces several other types of pastis.
After the banning of absinthe, Pernod Ricard was created from the Pernod Fils company, which had produced absinthe. It is now a worldwide conglomerate.
Pernod Ricard owns the distilled beverage division of the former corporation Seagram, 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.
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.
Yoo-hoo chocolate beverage (notably non-alcoholic) was sold to Pernod Ricard in 1989, and in 2001 Pernod Ricard sold it to Cadbury Schweppes.
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.
The Havana Club brand was lost to its founders, the Arechabala family, due to the 1

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Pernod Ricard Latest News

Breakingviews - Pernod Ricard served a shot of Diageo by Elliott

PARIS (Reuters Breakingviews) - It’s getting increasingly crowded at the bar for shareholder activists in Europe, but it’s still possible to get a good drink. Elliott Advisors, the U.S. hedge fund man...
Posted: December 12, 2018, 4:21 am

Elliott builds billion euro stake in Pernod Ricard

Activist hedge fund Elliott Management Corp. has built a EUR1 billion ($1.13 billion stake in Pernod Ricard, calling on the owner of Chivas Regal whisky and Absolut vodka to shake up management and ju...
Posted: December 12, 2018, 5:55 am

Activist involvement gives Pernod bondholders hangover

LONDON, Dec 14 (IFR) - Pernod Ricard bonds took a hit on Wednesday after news broke that activist investor Elliott Management had taken a stake of over 2.5% in the drinks company. Pernod's most recent...
Posted: December 14, 2018, 7:36 am
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