Pernod Ricard

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Pernod Ricard S.A.
Company type
Public (Société Anonyme)
Euronext Paris: RI
CAC 40 component
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Headquarters
Paris
,
France
Area served
Worldwide
Key people
Alexandre Ricard (Chairman & Chief Executive Officer)[1]
ProductsAlcoholic beverages
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Websitepernod-ricard.com

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Pernod Ricard (Script error: No such module "IPA".) 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.

History

Pernod

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  • 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.
    File:Pernod p 006.jpg
    Pernod mixed with water and ice

Ricard

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, Pernod 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]

In July 2024, Pernod Ricard announced the sale of its entire portfolio of strategic international wine brands to Australian Wine Holdco Ltd (AWL, owner of Accolade Wines). This included Jacob’s Creek, Orlando, St Hugo (Australia), Stoneleigh, Brancott Estate, Church Road (New Zealand), and Campo Viejo, Ysios, Tarsus, Azpilicueta (Spain). Pernod will retain its US and French wine brands, as well as labels in Argentina and China. The brands generated over 10 million cases annually and the divestment allowed Pernod Ricard to sharpen its focus on premium spirits and champagne.[23] The deal was finalized in April 2025.[24]

In October 2024, Pernod Ricard agreed to sell Minttu liqueur and its portfolio of Nordic local brands to the Finnish beverage company Hartwall.[25]

In February 2025, Pernod Ricard acquired the South African gin Inverroche.[26] In July 2025 they sold the Irish whiskey brands Clontarf and Knappogue Castle to Cobblestone Brands,[27] and the Indian whisky Imperial Blue to Tilaknagar Industries.[28]

In December 2025, it was announced that Pernod Ricard had agreed to sell its US sparkling wine assets associated with the Mumm Napa, Mumm Sparkling California and DVX brands to Trinchero Family Wine & Spirits. The transaction, which excluded Champagne and Mumm operations outside the United States, formed part of Pernod Ricard’s ongoing portfolio rationalisation, with financial terms not disclosed.[29]

Subsidiaries

Brands

Pernod Ricard beverage brands include:[31]

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.[32]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."Registration Document (with AMF) 2011/2012" (PDF). Pernod Ricard. Archived from the original (PDF) on 2013-06-12. Retrieved 8 December 2012.
  2. ^ Page Module:Citation/CS1/styles.css has no content."FY23 Full-year Sales and Results". Pernod Ricard. Retrieved 30 August 2023.
  3. ^ Page Module:Citation/CS1/styles.css has no content."The bosses of two famous French firms struggle to keep customers". The Economist. 5 October 2017.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard". Drinks and Co. 17 January 2021. Archived from the original on 13 July 2021. Retrieved 14 July 2021.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Pernod-Ricard Prevails in Battle for Irish Distillers". The New York Times. 25 November 1988. Retrieved 17 August 2018.
  6. ^ Page Module:Citation/CS1/styles.css has no content."About St Hugo". Wine-Searcher. 12 October 2016. Retrieved 2018-06-24.
  7. ^ Page Module:Citation/CS1/styles.css has no content.Decker, Susan (29 March 2011). "Pernod Ricard Loses Appeals Court Ruling in Bacardi 'Havana Club Fight". Bloomberg.com. Retrieved 9 January 2015.
  8. ^ Page Module:Citation/CS1/styles.css has no content."PERNOD RICARD ACQUIRES FAMED YEREVAN BRANDY COMPANY". jamestown.org. Retrieved 2024-07-19.
  9. ^ Page Module:Citation/CS1/styles.css has no content.Kapner, Suzanne (2000-12-20). "Diageo and Pernod Buy and Divide Up Seagram Beverage Assets". The New York Times. Retrieved 2023-10-22.
  10. ^ Pernod Ricard successfully completes acquisition of Allied Domecq Script error: No such module "webarchive"., from the Pernod Ricard website
  11. ^ Page Module:Citation/CS1/styles.css has no content."Pernod wins auction for Vin & Sprit". The Local. 2008-03-31. Retrieved 2008-03-31.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Home | Producers' Commitments". Producers' Commitments. Archived from the original on 2015-12-22. Retrieved 2015-12-23.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Activist investor takes stake in Pernod Ricard". 12 December 2018.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Alliance anti-corrida (Anti-Bullfighting Alliance)". Alliance anti-corrida. Archived from the original on 2015-06-26. Retrieved 2015-06-26.
  15. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard, le plus gros sponsor [Pernod Ricard, bullfighting's major sponsor]". Alliance anti-corrida. Archived from the original on 2015-06-26. Retrieved 2015-06-26.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard ends association with bullfighting clubs". www.drinks-insight-network.com. Archived from the original on 2021-02-27. Retrieved 2020-10-01.
  17. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard France acquires majority stake in cocktail brand Cockorico". FoodBev Media. 2022-12-23. Retrieved 2022-12-23.
  18. ^ Page Module:Citation/CS1/styles.css has no content.Worford, David (2022-12-12). "Pernod Ricard Plans Carbon-Neutral Kentucky Distillery". Environment + Energy Leader. Retrieved 2022-12-13.
  19. ^ Page Module:Citation/CS1/styles.css has no content.Abdul, Geneva; Belam, Martin; Mackay, Hamish; Sullivan, Helen; Belam, Geneva Abdul (now); Martin; Sullivan (earlier), Helen (2023-04-25). "Russia-Ukraine war live: Ukrainian forces 'conducting raids' across Dnieper River". the Guardian. ISSN 0261-3077. Retrieved 2023-04-25.{{cite news}}: CS1 maint: multiple names: authors list (link)
  20. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard resumes Beefeater and Jameson exports to Russia". BBC. BBC News. April 26, 2023. Retrieved 27 April 2023.
  21. ^ Page Module:Citation/CS1/styles.css has no content.Collins, Georgie (2023-05-15). "Pernod Ricard halts exports to Russia". The Spirits Business. Retrieved 2023-10-21.
  22. ^ Page Module:Citation/CS1/styles.css has no content.Carruthers, Nicola (2023-12-13). "Pernod reveals its first Chinese whisky". The Spirits Business. Retrieved 2023-12-16.
  23. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard sells Jacob's Creek and other big wine brands". The Guardian. 2024-07-17. Retrieved 2025-07-29.
  24. ^ Page Module:Citation/CS1/styles.css has no content."Successful completion of the sale of Pernod Ricard's portfolio of strategic international wines to Australian Wine Holdco Limited". Euronext Live. 2025-04-30. Retrieved 2025-07-29.
  25. ^ Page Module:Citation/CS1/styles.css has no content.Kiely, Melita (2024-10-18). "Pernod Ricard agrees to sell Nordic brands". The Spirits Business. Retrieved 2024-11-25.
  26. ^ Page Module:Citation/CS1/styles.css has no content.Carruthers, Nicola (2025-02-12). "Pernod buys South African gin Inverroche". The Spirits Business. Retrieved 2025-02-20.
  27. ^ Page Module:Citation/CS1/styles.css has no content."Pernod sells Knappogue Castle to Cobblestone Brands". The Spirits Business. 2025-07-25. Retrieved 2025-07-29.
  28. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard to offload Imperial Blue to Tilaknagar". DrinksInt. 2025-07-24. Retrieved 2025-07-29.
  29. ^ Page Module:Citation/CS1/styles.css has no content.Mishra, Shivam (2025-12-17). "Trinchero acquires Mumm Napa from Pernod Ricard". Just Drinks. Retrieved 2025-12-17.
  30. ^ Page Module:Citation/CS1/styles.css has no content."Pernod Ricard Hellas – The world's co-leader in wines and spirits". www.pernod-ricard-hellas.com. Retrieved 17 April 2018.
  31. ^ Page Module:Citation/CS1/styles.css has no content."Our Brands | Pernod Ricard". www.pernod-ricard.com. Retrieved 2023-10-21.
  32. ^ Page Module:Citation/CS1/styles.css has no content.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.

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