{{short description|French company that produces distilled beverages}} {{Infobox company | name = Pernod Ricard S.A. | logo = Pernod Ricard logo 2019.svg | type = Public (''Société Anonyme'') | traded_as = {{EuronextParis|RI|FR0000120693|XPAR}}<br>CAC 40 component | foundation = {{start date and age|1975}} | founder = Paul Ricard | location_city = Paris | location_country = France | area_served = Worldwide | key_people = Alexandre Ricard <small>(Chairman & Chief Executive Officer)</small><ref name="DDR2012">{{Cite web |title=Registration Document (with AMF) 2011/2012 |url=http://pernod-ricard.com/files/fichiers/Presse/Documents/DDR_UK_27-09.pdf |archive-url=https://web.archive.org/web/20130612010839/http://pernod-ricard.com/files/fichiers/Presse/Documents/DDR_UK_27-09.pdf |archive-date=2013-06-12 |access-date=8 December 2012 |publisher=Pernod Ricard}}</ref> | industry = Drink industry | products = Alcoholic beverages | revenue = {{increase}} €12.75 billion (2024)<ref>{{cite web|url=https://www.pernod-ricard.com/en/media/fy23-full-year-sales-and-results|title=FY23 Full-year Sales and Results|access-date=30 August 2023|publisher=Pernod Ricard}}</ref> | operating_income = {{increase}} €3.35 billion (2024) | net_income = {{increase}} €2.28 billion (2024) | assets = | equity = | num_employees = 20,076 (2024) | homepage = {{URL|http://pernod-ricard.com/}} }}
'''Pernod Ricard''' ({{IPA|fr|pɛʁno ʁikaʁ|lang}}) 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,<ref name="veconomist">{{Cite news |date=5 October 2017 |title=The bosses of two famous French firms struggle to keep customers |newspaper=The Economist |url=https://www.economist.com/news/business/21730050-pernod-ricard-drinks-giant-has-none-danones-saintliness-faces-similar-challenges}}</ref> it also produces several other types of pastis.
==History== ===Pernod=== {{Main|Pernod (brand)}} *1797 – {{Interlanguage link|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.thumb|right|Pernod mixed with water and ice
===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.{{clarify|date=October 2016}} *1944 – Production of pastis becomes legal again. *1968 – Paul Ricard retires; his son Patrick becomes CEO in 1978.thumb|A bottle of 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.<ref name="Drinks&Co">{{Cite web |date=17 January 2021 |title=Pernod Ricard |url=https://www.drinksandco.com/brands/pernod-ricard |url-status=live |archive-url=https://web.archive.org/web/20210713103454/https://www.drinksandco.com/brands/pernod-ricard |archive-date=13 July 2021 |access-date=14 July 2021 |website=Drinks and Co |language=en}}</ref>
In 1988, Pernod Ricard acquired Irish Distillers makers of Jameson Irish whiskeys.<ref>{{Cite news |date=25 November 1988 |title=Pernod-Ricard Prevails in Battle for Irish Distillers |work=The New York Times |url=https://www.nytimes.com/1988/11/25/business/pernod-ricard-bid-prevails-in-battle-for-irish-distillers.html |access-date=17 August 2018}}</ref>
In 1989, Pernod Ricard acquired Orlando Wyndham makers of Jacob's Creek.<ref name="WS-sthugo">{{Cite web |date=12 October 2016 |title=About St Hugo |url=https://www.wine-searcher.com/producer-102391-st-hugo |access-date=2018-06-24 |work=Wine-Searcher}}</ref>
In 1993, Pernod Ricard worked with Cuban companies to create Havana Club.<ref name="Bloomberg">{{Cite news |last=Decker |first=Susan |date=29 March 2011 |title=Pernod Ricard Loses Appeals Court Ruling in Bacardi 'Havana Club Fight |work=Bloomberg.com |url=https://www.bloomberg.com/news/2011-03-29/pernod-ricard-loses-appeals-court-ruling-in-bacardi-havana-club-fight.html |access-date=9 January 2015}}</ref>
In 1999, Pernod Ricard acquired the Yerevan Brandy Company.<ref>{{Cite web |title=PERNOD RICARD ACQUIRES FAMED YEREVAN BRANDY COMPANY. |url=https://jamestown.org/program/pernod-ricard-acquires-famed-yerevan-brandy-company/ |access-date=2024-07-19 |website=jamestown.org |language=en-US}}</ref>
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.<ref>{{Cite web |last=Kapner |first=Suzanne |date=2000-12-20 |title=Diageo and Pernod Buy and Divide Up Seagram Beverage Assets |url=https://www.nytimes.com/2000/12/20/business/diageo-and-pernod-buy-and-divide-up-seagram-beverage-assets.html |access-date=2023-10-22 |website=The New York Times}}</ref>
In 2001, Pernod Ricard acquired Jan Becher, makers of Becherovka.
In 2005, Pernod Ricard acquired Allied Domecq, makers of Ballantine's.<ref>[http://www.pernod-ricard.com/en/pages/2707/Press-releases/Pernod-Ricard-successfully-completes-acquisition-of-Allied-Domecq.html Pernod Ricard successfully completes acquisition of Allied Domecq] {{webarchive|url=https://web.archive.org/web/20120603213513/http://pernod-ricard.com/en/pages/2707/Press-releases/Pernod-Ricard-successfully-completes-acquisition-of-Allied-Domecq.html|date=3 June 2012}}, from the Pernod Ricard website</ref>
In 2008, Pernod Ricard announced its acquisition of Swedish-based V&S Group, which produces Absolut Vodka, from the Swedish government.<ref>{{Cite news |date=2008-03-31 |title=Pernod wins auction for Vin & Sprit |publisher=The Local|url=http://www.thelocal.se/10800/20080331/ |access-date=2008-03-31}}</ref>
In 2013, Pernod Ricard joined leading alcohol producers as part of a producers' commitments to reducing harmful drinking.<ref>{{Cite web |title=Home {{!}} Producers' Commitments |url=http://www.producerscommitments.org/ |url-status=usurped |archive-url=https://web.archive.org/web/20151222200003/http://www.producerscommitments.org/ |archive-date=2015-12-22 |access-date=2015-12-23 |website=Producers' Commitments |language=en-US}}</ref>
In December 2018, Elliott Management Corporation purchased a 2.5% stake in Pernod Ricard.<ref>{{Cite web |date=12 December 2018 |title=Activist investor takes stake in Pernod Ricard |url=https://www.thespiritsbusiness.com/2018/12/activist-investor-takes-stake-in-pernod-ricard/}}</ref>
According to the Anti-Corrida Alliance, Pernod Ricard was the major funder of bullfighting in France,<ref>{{Cite web |title=Alliance anti-corrida (Anti-Bullfighting Alliance) |url=http://www.allianceanticorrida.fr/english.html |url-status=dead |archive-url=https://web.archive.org/web/20150626172925/http://www.allianceanticorrida.fr/english.html |archive-date=2015-06-26 |access-date=2015-06-26 |publisher=Alliance anti-corrida}}</ref><ref>{{Cite web |title=Pernod Ricard, le plus gros sponsor [Pernod Ricard, bullfighting's major sponsor] |url=http://www.allianceanticorrida.fr/actions/ricard.php |url-status=dead |archive-url=https://web.archive.org/web/20150626172635/http://www.allianceanticorrida.fr/actions/ricard.php |archive-date=2015-06-26 |access-date=2015-06-26 |publisher=Alliance anti-corrida}}</ref> 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.<ref>{{Cite web |title=Pernod Ricard ends association with bullfighting clubs |url=https://www.drinks-insight-network.com/news/pernod-ricard-bullfighting-clubs/ |access-date=2020-10-01 |website=www.drinks-insight-network.com |archive-date=2021-02-27 |archive-url=https://web.archive.org/web/20210227161253/https://www.drinks-insight-network.com/news/pernod-ricard-bullfighting-clubs/ |url-status=dead }}</ref>
In 2022, Pernod Ricard acquired the French ready-to-serve cocktail brand, Cockorico.<ref>{{Cite web |date=2022-12-23 |title=Pernod Ricard France acquires majority stake in cocktail brand Cockorico |url=https://www.foodbev.com/news/pernod-ricard-france-acquires-majority-stake-in-cocktail-brand-cockorico/ |access-date=2022-12-23 |website=FoodBev Media |language=en-GB}}</ref>
In December 2022, Pernod Ricard announced plans to open a US$250 million carbon-neutral whiskey distillery in Marion County, Kentucky in 2025.<ref>{{Cite web |last=Worford |first=David |date=2022-12-12 |title=Pernod Ricard Plans Carbon-Neutral Kentucky Distillery |url=https://www.environmentalleader.com/2022/12/pernod-ricard-plans-carbon-neutral-kentucky-distillery/ |access-date=2022-12-13 |website=Environment + Energy Leader |language=en-US}}</ref>
In 2023, Pernod Ricard decided to resume limited exports of Beefeater Gin and Jameson Irish Whiskey to Russia.<ref>{{Cite news |last1=Abdul |first1=Geneva |last2=Belam |first2=Martin |last3=Mackay |first3=Hamish |last4=Sullivan |first4=Helen |last5=Belam |first5=Geneva Abdul (now); Martin |last6=Sullivan (earlier) |first6=Helen |date=2023-04-25 |title=Russia-Ukraine war live: Ukrainian forces 'conducting raids' across Dnieper River |language=en-GB |work=the Guardian |url=https://www.theguardian.com/world/live/2023/apr/25/russia-ukraine-war-live-risk-of-conflict-between-major-powers-at-historic-high-says-un-chief |access-date=2023-04-25 |issn=0261-3077}}</ref><ref>{{cite news |date=April 26, 2023 |title=Pernod Ricard resumes Beefeater and Jameson exports to Russia |publisher=BBC |agency=BBC News |url=https://www.bbc.com/news/business-65403954 |access-date=27 April 2023}}</ref> 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.<ref>{{Cite web |last=Collins |first=Georgie |date=2023-05-15 |title=Pernod Ricard halts exports to Russia |url=https://www.thespiritsbusiness.com/2023/05/pernod-ricard-halts-exports-to-russia/ |access-date=2023-10-21 |website=The Spirits Business |language=en-US}}</ref>
In December 2023, Pernod Ricard has released The Chuan Pure Malt Whisky, its inaugural Chinese whisky.<ref>{{Cite web |last=Carruthers |first=Nicola |date=2023-12-13 |title=Pernod reveals its first Chinese whisky |url=https://www.thespiritsbusiness.com/2023/12/pernod-reveals-its-first-chinese-whisky/ |access-date=2023-12-16 |website=The Spirits Business |language=en-US}}</ref>
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.<ref>{{cite web |title=Pernod Ricard sells Jacob's Creek and other big wine brands |url=https://www.theguardian.com/business/article/2024/jul/17/pernod-ricard-sells-jacobs-creek-wine-brands |website=The Guardian |date=2024-07-17 |access-date=2025-07-29}}</ref> The deal was finalized in April 2025.<ref>{{cite web |title=Successful completion of the sale of Pernod Ricard's portfolio of strategic international wines to Australian Wine Holdco Limited |url=https://live.euronext.com/en/products/equities/company-news/2025-04-30-successful-completion-sale-pernod-ricards-portfolio |website=Euronext Live |date=2025-04-30 |access-date=2025-07-29}}</ref>
In October 2024, Pernod Ricard agreed to sell Minttu liqueur and its portfolio of Nordic local brands to the Finnish beverage company Hartwall.<ref>{{Cite web |last=Kiely |first=Melita |date=2024-10-18 |title=Pernod Ricard agrees to sell Nordic brands |url=https://www.thespiritsbusiness.com/2024/10/pernod-ricard-agrees-to-sell-nordic-brands/ |access-date=2024-11-25 |website=The Spirits Business |language=en-US}}</ref>
In February 2025, Pernod Ricard acquired the South African gin Inverroche.<ref>{{Cite web |last=Carruthers |first=Nicola |date=2025-02-12 |title=Pernod buys South African gin Inverroche |url=https://www.thespiritsbusiness.com/2025/02/pernod-buys-south-african-gin-inverroche/ |access-date=2025-02-20 |website=The Spirits Business |language=en-US}}</ref> In July 2025 they sold the Irish whiskey brands ''Clontarf'' and ''Knappogue Castle'' to Cobblestone Brands,<ref>{{cite web |title=Pernod sells Knappogue Castle to Cobblestone Brands |url=https://www.thespiritsbusiness.com/2025/07/pernod-sells-knappogue-castle-to-cobblestone-brands/ |website=The Spirits Business |date=2025-07-25 |access-date=2025-07-29}}</ref> and the Indian whisky ''Imperial Blue'' to Tilaknagar Industries.<ref>{{cite web |title=Pernod Ricard to offload Imperial Blue to Tilaknagar |url=https://drinksint.com/news/fullstory.php/aid/11862/Pernod_Ricard_to_offload_Imperial_Blue_to_Tilaknagar.html |website=DrinksInt |date=2025-07-24 |access-date=2025-07-29}}</ref>
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.<ref>{{Cite web |last=Mishra |first=Shivam |date=2025-12-17 |title=Trinchero acquires Mumm Napa from Pernod Ricard |url=https://www.just-drinks.com/news/trinchero-acquires-mumm-napa/ |access-date=2025-12-17 |website=Just Drinks |language=en-US}}</ref>
==Subsidiaries== *''Pernod Ricard Armenia'' – Armenian subsidiary and owner of Yerevan Brandy Company *''Pernod Ricard Hellas'' – subsidiary in Greece<ref>{{Cite web |title=Pernod Ricard Hellas – The world's co-leader in wines and spirits. |url=http://www.pernod-ricard-hellas.com/?lang=en |access-date=17 April 2018 |website=www.pernod-ricard-hellas.com}}</ref> *''Pernod Ricard India'' – Indian subsidiary *''Pernod Ricard Rouss'' – subsidiary in the Russian Federation *''Pernod Ricard Winemakers'' – owner of Jacob's Creek, Brancott Estate, Campo Viejo, Ysios, Tarsus, Aura, Azpilicueta, and Siglo *''Chivas Brothers Ltd'' – whisky and gin branch of Pernod Ricard, makers of Chivas Regal and Royal Salute *''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 *''Irish Distillers'' – Irish subsidiary and makers of Jameson Irish Whiskey, Powers, Redbreast and Midleton Very Rare
==Brands== Pernod Ricard beverage brands include:<ref>{{Cite web |title=Our Brands {{!}} Pernod Ricard |url=https://www.pernod-ricard.com/en/brands |access-date=2023-10-21 |website=www.pernod-ricard.com |language=en}}</ref>
* '''Apéritif''': Italicus, Lillet, Pernod, Ricard, Suze * '''Brandy & Cognac''': Ararat, Augier, Macieira, Martell * '''Gin''': Beefeater, Cork Dry, Inverroche, KI NO BI, Malfy, Monkey 47, Plymouth Gin, Seagram's Gin, Ungava * '''Liqueurs & Bitters''': Becherovka, Kahlúa, Ramazzotti * '''Rum''': Gosling Rum, Havana Club, Malibu * '''Tequila & Mezca'''l: Avión, Código 1530, Del Maguey, Olmeca, Olmeca Altos * '''Vodka''': Absolut, Explorer, L’Orbe, Luksusowa, Ostoya, Renat, Wyborowa * '''American whiskey''': Jefferson's Bourbon, Rabbit Hole, Smooth Ambler, TX Whiskey * '''Canadian whisky''': J.P. Wiser's, Lot No. 40 * '''Chinese whisky''': The Chuan Pure Malt Whisky * '''Irish whiskey''': Crested Ten, Green Spot, Jameson, Method and Madness, Midleton Very Rare, Powers, Redbreast * '''Indian whisky''': Blenders Pride, Royal Stag * '''Scotch whisky''': ** Single malt Scotch whisky: Aberlour, Glen Keith, The Glenlivet, Longmorn, Scapa ** Blended Scotch whisky: Ballantine's, Chivas Regal, Long John, Passport, Royal Salute, Something Special, 100 Pipers * '''Wine''': Kenwood Vineyards, West Coast Cooler, Helan Mountain * '''Champagne''': G. H. Mumm, Perrier-Jouët
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.<ref>{{Cite news |last=Hays |first=Constance L. |date=2000-01-26 |title=Orangina's owner still wants to sell brand, if the price is right |work=The New York Times |url=https://www.nytimes.com/2000/01/26/business/media-business-advertising-orangina-s-owner-still-wants-sell-brand-if-price.html?pagewanted=1 |access-date=2016-09-02}}</ref>
==References== {{reflist|2}}
==External links== {{commons category}} *{{official website|http://pernod-ricard.com/}}
{{Pernod Ricard}} {{CAC 40 companies}} {{Euro Stoxx 50 Companies}}
Category:Pernod Ricard Category:Alcoholic drink companies Category:Distilleries in France Category:French brands Category:Holding companies of France Category:Multinational companies headquartered in France Category:Multinational food companies Category:Ricard family Category:Anise liqueurs and spirits Category:French companies established in 1975 Category:Food and drink companies established in 1975 Category:Holding companies established in 1975 Category:CAC 40 Category:Companies in the Euro Stoxx 50 Category:Companies listed on Euronext Paris