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French company that produces distilled beverages From Wikipedia, the free encyclopedia
Pernod Ricard (French: [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,[3] it also produces several other types of pastis.
| |
| Company type | Public (Société Anonyme) |
|---|---|
| Euronext Paris: RI
CAC 40 component | |
| ISIN | FR0000120693  |
| Industry | Drink industry |
| Founded | 1975 |
| Founder | Paul Ricard |
| Headquarters | , France |
Area served | Worldwide |
Key people | Alexandre Ricard (Chairman & Chief Executive Officer)[1] |
| Products | Alcoholic beverages |
| Revenue |  €12.14 billion (2023)[2] |
| €3.35 billion (2023) | |
| €2.28 billion (2023) | |
Number of employees | 19,480 (2023) |
| Website | pernod-ricard |
In 1975, the companies of Pernod Fils and Ricard, the two largest French aniseed aperitif producers and fierce competitors, merged creating the Pernod Ricard group.[4]
In 1988, Pernod Ricard acquired Irish Distillers makers of Jameson Irish whiskeys.[5]
In 1989, Pernod Ricard acquired Orlando Wyndham makers of Jacob's Creek.[6]
In 1993, Pernod Ricard worked with Cuban companies to create Havana Club.[7]
In 1999, Pernod Ricard acquired the Yerevan Brandy Company.[8]
In 2001, Pernod Ricard acquired 38% of Seagram's Wines and Spirits business including Chivas Brothers Ltd makers of Chivas Regal and owner of 13 Scotch malt distilleries, 1 grain distillery and 2 gin distilleries.[9]
In 2001, Pernod Ricard acquired Jan Becher, makers of Becherovka.
In 2005, Pernod Ricard acquired Allied Domecq, makers of Ballantine's.[10]
In 2008, Pernod Ricard announced its acquisition of Swedish-based V&S Group, which produces Absolut Vodka, from the Swedish government.[11]
In 2013, Pernod Ricard joined leading alcohol producers as part of a producers' commitments to reducing harmful drinking.[12]
In December 2018, Elliott Management Corporation purchased a 2.5% stake in Pernod Ricard.[13]
According to the Anti-Corrida Alliance, Pernod Ricard was the major funder of bullfighting in France,[14][15] 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.[16]
In 2022, Pernod Ricard acquired the French ready-to-serve cocktail brand, Cockorico.[17]
In December 2022, Pernot Ricard announced plans to open a US$250 million carbon-neutral whiskey distillery in Marion County, Kentucky in 2025.[18]
In 2023, Pernod Ricard decided to resume limited exports of Beefeater Gin and Jameson Irish Whiskey to Russia.[19][20] After being faced with protests and calls for a portfolio-wide boycott of all its brands Pernod Ricard decided to end all exports of its international brands to Russia.[21]
In December 2023, Pernod Ricard has released The Chuan Pure Malt Whisky, its inaugural Chinese whisky.[22]
Pernod Ricard beverage brands include:[24]
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