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Pernod Ricard

From Wikipedia, the free encyclopedia
French company that produces distilled beverages
Pernod Ricard S.A.
Company typePublic (Société Anonyme)
Euronext ParisRI
CAC 40 component
ISINFR0000120693 Edit this on Wikidata
IndustryDrink industry
Founded1975; 51 years ago (1975)
FounderPaul Ricard
Headquarters,
France
Area served
Worldwide
Key people
Alexandre Ricard(Chairman &Chief Executive Officer)[1]
ProductsAlcoholic beverages
RevenueIncrease12.75 billion (2024)[2]
Increase €3.35 billion (2024)
Increase €2.28 billion (2024)
Number of employees
20,076 (2024)
Websitepernod-ricard.com

Pernod Ricard (French:[pɛʁnoʁikaʁ]) is a French company best known for itsanise-flavouredpastisapéritifs Pernod Anise and Ricard Pastis (often referred to simply asPernod orRicard). The world's second-largest wine and spirits seller,[3] it also produces several other types of pastis.

History

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Pernod

[edit]
Main article:Pernod (brand)
  • 1797 –Henri-Louis Pernod [fr], a Swissdistiller, opens his first absinthe distillery in Switzerland.
  • 1805 –Maison Pernod Fils (simply known as Pernod Fils) is founded inPontarlier,Franche-Comté, eastern France, by Henri-Louis Pernod and begins production of theanise-flavored spirit known asabsinthe.
  • 1850 – Henri-Louis Pernod dies.
  • 1871 –Distillerie Hémard is founded near Paris.
  • 1872 –Société Pernod Père & Fils opens inAvignon.
  • 1915 – Production and consumption of absinthe is prohibited in France.
  • 1926 – All 3 distilleries merge to formLes Établissements Pernod.
  • 1951 – Pastis 51 is launched.
  • 1965 – Takeover ofDistillerie Rousseau, Laurens et Moureaux, producer ofSuze liquor since 1889.
    Pernod mixed with water and ice

Ricard

[edit]
  • 1932 –Ricard, which soon becomes France's favoritelong drink, is founded inMarseille byPaul Ricard.
  • 1940 – Production of pastis is prohibited by theVichy regime.[clarification needed]
  • 1944 – Production of pastis becomes legal again.
  • 1968 – Paul Ricard retires; his son Patrick becomes CEO in 1978.
    A bottle of Ricard

Pernod Ricard

[edit]

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 acquiredIrish Distillers makers ofJameson Irish whiskeys.[5]

In 1989, Pernod Ricard acquiredOrlando Wyndham makers ofJacob's Creek.[6]

In 1993, Pernod Ricard worked with Cuban companies to createHavana Club.[7]

In 1999, Pernod Ricard acquired theYerevan Brandy Company.[8]

In 2001, Pernod Ricard acquired 38% ofSeagram's Wines and Spirits business including Chivas Brothers Ltd makers ofChivas Regal and owner of 13 Scotch malt distilleries, 1 grain distillery and 2 gin distilleries.[9]

In 2001, Pernod Ricard acquiredJan Becher, makers ofBecherovka.

In 2005, Pernod Ricard acquiredAllied Domecq, makers ofBallantine's.[10]

In 2008, Pernod Ricard announced its acquisition of Swedish-basedV&S Group, which producesAbsolut Vodka, from the Swedish government.[11]

In 2013, Pernod Ricard joined leading alcohol producers as part of aproducers' commitments to reducing harmful drinking.[12]

In December 2018,Elliott Management Corporation purchased a 2.5% stake in Pernod Ricard.[13]

According to theAnti-Corrida Alliance, Pernod Ricard was the major funder ofbullfighting in France,[14][15] financing bullfighting clubs and sponsoringcorridas despite theopposition of a majority of French citizens toblood sports. In 2020, Pernod Ricard ended the association with bullfighting clubs.[16]

In 2022, Pernod Ricard acquired theFrench ready-to-serve cocktail brand, Cockorico.[17]

In December 2022, Pernod Ricard announced plans to open a US$250 millioncarbon-neutral whiskey distillery inMarion 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 ofAccolade 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 sellMinttu liqueur and its portfolio of Nordic local brands to the Finnish beverage companyHartwall.[25]

In February 2025, Pernod Ricard acquired the South African gin Inverroche.[26] In July 2025 they sold the Irish whiskey brandsClontarf andKnappogue Castle toCobblestone Brands,[27] and the Indian whiskyImperial Blue toTilaknagar 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

[edit]

Brands

[edit]

Pernod Ricard beverage brands include:[31]

Pernod Ricard previously owned the non-alcoholic chocolate beverageYoo-hoo, which was acquired from a group of private investors in 1989. Pernod Ricard also previously owned the carbonated citrus drinkOrangina. Both brands were sold in 2001 toCadbury Schweppes.[32]

References

[edit]
  1. ^"Registration Document (with AMF) 2011/2012"(PDF). Pernod Ricard. Archived fromthe original(PDF) on 2013-06-12. Retrieved8 December 2012.
  2. ^"FY23 Full-year Sales and Results". Pernod Ricard. Retrieved30 August 2023.
  3. ^"The bosses of two famous French firms struggle to keep customers".The Economist. 5 October 2017.
  4. ^"Pernod Ricard".Drinks and Co. 17 January 2021.Archived from the original on 13 July 2021. Retrieved14 July 2021.
  5. ^"Pernod-Ricard Prevails in Battle for Irish Distillers".The New York Times. 25 November 1988. Retrieved17 August 2018.
  6. ^"About St Hugo".Wine-Searcher. 12 October 2016. Retrieved2018-06-24.
  7. ^Decker, Susan (29 March 2011)."Pernod Ricard Loses Appeals Court Ruling in Bacardi 'Havana Club Fight".Bloomberg.com. Retrieved9 January 2015.
  8. ^"PERNOD RICARD ACQUIRES FAMED YEREVAN BRANDY COMPANY".jamestown.org. Retrieved2024-07-19.
  9. ^Kapner, Suzanne (2000-12-20)."Diageo and Pernod Buy and Divide Up Seagram Beverage Assets".The New York Times. Retrieved2023-10-22.
  10. ^Pernod Ricard successfully completes acquisition of Allied DomecqArchived 3 June 2012 at theWayback Machine, from the Pernod Ricard website
  11. ^"Pernod wins auction for Vin & Sprit".The Local. 2008-03-31. Retrieved2008-03-31.
  12. ^"Home | Producers' Commitments".Producers' Commitments. Archived from the original on 2015-12-22. Retrieved2015-12-23.
  13. ^"Activist investor takes stake in Pernod Ricard". 12 December 2018.
  14. ^"Alliance anti-corrida (Anti-Bullfighting Alliance)". Alliance anti-corrida. Archived fromthe original on 2015-06-26. Retrieved2015-06-26.
  15. ^"Pernod Ricard, le plus gros sponsor [Pernod Ricard, bullfighting's major sponsor]". Alliance anti-corrida. Archived fromthe original on 2015-06-26. Retrieved2015-06-26.
  16. ^"Pernod Ricard ends association with bullfighting clubs".www.drinks-insight-network.com. Archived fromthe original on 2021-02-27. Retrieved2020-10-01.
  17. ^"Pernod Ricard France acquires majority stake in cocktail brand Cockorico".FoodBev Media. 2022-12-23. Retrieved2022-12-23.
  18. ^Worford, David (2022-12-12)."Pernod Ricard Plans Carbon-Neutral Kentucky Distillery".Environment + Energy Leader. Retrieved2022-12-13.
  19. ^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. Retrieved2023-04-25.{{cite news}}: CS1 maint: multiple names: authors list (link)
  20. ^"Pernod Ricard resumes Beefeater and Jameson exports to Russia". BBC. BBC News. April 26, 2023. Retrieved27 April 2023.
  21. ^Collins, Georgie (2023-05-15)."Pernod Ricard halts exports to Russia".The Spirits Business. Retrieved2023-10-21.
  22. ^Carruthers, Nicola (2023-12-13)."Pernod reveals its first Chinese whisky".The Spirits Business. Retrieved2023-12-16.
  23. ^"Pernod Ricard sells Jacob's Creek and other big wine brands".The Guardian. 2024-07-17. Retrieved2025-07-29.
  24. ^"Successful completion of the sale of Pernod Ricard's portfolio of strategic international wines to Australian Wine Holdco Limited".Euronext Live. 2025-04-30. Retrieved2025-07-29.
  25. ^Kiely, Melita (2024-10-18)."Pernod Ricard agrees to sell Nordic brands".The Spirits Business. Retrieved2024-11-25.
  26. ^Carruthers, Nicola (2025-02-12)."Pernod buys South African gin Inverroche".The Spirits Business. Retrieved2025-02-20.
  27. ^"Pernod sells Knappogue Castle to Cobblestone Brands".The Spirits Business. 2025-07-25. Retrieved2025-07-29.
  28. ^"Pernod Ricard to offload Imperial Blue to Tilaknagar".DrinksInt. 2025-07-24. Retrieved2025-07-29.
  29. ^Mishra, Shivam (2025-12-17)."Trinchero acquires Mumm Napa from Pernod Ricard".Just Drinks. Retrieved2025-12-17.
  30. ^"Pernod Ricard Hellas – The world's co-leader in wines and spirits".www.pernod-ricard-hellas.com. Retrieved17 April 2018.
  31. ^"Our Brands | Pernod Ricard".www.pernod-ricard.com. Retrieved2023-10-21.
  32. ^Hays, Constance L. (2000-01-26)."Orangina's owner still wants to sell brand, if the price is right".The New York Times. Retrieved2016-09-02.

External links

[edit]
Wikimedia Commons has media related toPernod Ricard.
Acquisitions
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  • The Chuan Pure Malt Whisky
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  • 1 As of 2008, the company is 46% owned by Pernod Ricard.
FranceCAC 40 companies of France
Last updated: 30 September 2023
European UnionEURO STOXX 50 companies of theEuro Area
Last updated: 22 September 2025
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