Pernod Ricard is disposing of its Danish aquavit brands Aalborg and Brøndums, the German brand Malteserkreuz Aquavit and the Danish bitter brand Gammel Dansk to Arcus-Gruppen, a leading player in the production, sale and distribution of wine and spirits in the Nordic region. The Eur103 million deal also includes the
Tag "Pernod Ricard"
In response to the continued growth of its Jameson Irish whiskey brand on world markets, Irish Distillers Pernod Ricard has announced a €100 million investment in the expansion of its distillery in Midleton, CountyCork. In the year to end June 2011, a total of 3.4 million cases of Jameson were
Denis O’Flynn has been appointed as managing director of Pernod Ricard, UK. He joined Pernod Ricard subsidiary Irish Distillers in 1998 as human resources director having held various positions in the drinks industry inIrelandsince 1984. He was appointed commercial directorIrelandin March, 2010 and has held the position of managing director,
Achieving growth across all its regions, Pernod Ricard has reported an 8% rise in full year sales to Eur7.64 billion, including organic growth of 7%, as the French spirits and wine group staged a recovery in its mature markets, which grew by1.5%, and saw a return to very strong growth
Alexandre Ricard, currently chairman and chief executive of Irish Distillers, the Irish whiskey business of Pernod Ricard, has been promoted to the French spirit group’s general management team under the leadership of group chief executive Pierre Pringuet. Alexandre Ricard will become managing director, Distribution Network and will be in charge
Following a solid third quarter, Pernod Ricard has confirmed its targets for the full 2010/11 and 2011/12 financial years. Over the first nine months of the 2010/11 financial year (to 31st March 2011) consolidated sales (excluding tax and duties) increased by 11% to Eur5.90b, compared to the same period in
Irish Distillers Pernod Ricard has reported that sales growth of its Jameson brand accelerated appreciably in the first six months of its current financial, with volumes growing by 16% to 3.17m cases, to produce one of its best performances ever. As it has done over the past decade, the sales
Benefiting from an improvement in the global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit growth in the first half ended December 31st last. Net sales increased by 13% to Eur4.28b – up 7% organically – and group share of net profit from recurring
Pernod Ricard brand Jameson has further strengthened its position as the world’s leading Irish whiskey by achieving sales of three million cases globally. Growth in the US, Jameson’s largest export market, contributed to the brand’s milestone success, with an impressive one million cases sold. Recent sales figures show that Jameson
Pernod Ricard has unveiled its new limited edition Absolut vodka – Absolute Glimmer. The new product features a highly innovative glass bottle, produced and decorated in-line at Ardagh’s Limmared plant in Sweden. Ardagh worked closely with Pernod Ricard to create a completely new appearance and texture for the iconic brand’s
Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m on net sales down 2% to Eur7.08b for the 2009/10 financial year ended June 30th 2010. Organic sales growth was 2%, including a significant 9% upturn in the second half,
2009 was not a good year for multinational spirits companies. Euromonitor International’s ‘2010 Millionaires’ ranking saw total volumes of international brands on the list fall by 5% while domestic/local brands saw growth of 6%, selling over 400 million 9-litre cases. The Millionaires supplement is a ranking of spirits with sales
Global wines and spirits group Pernod Ricard has reorganised its premium wines and vodka businesses. A new brand company called Premium Wine Brands has been created which is responsible for the development and global strategy of the group’s strategic wine brands. The portfolio includes: Australian wines (Jacob’s Creek), New Zealand
Warsaw-based Central European Distribution Corporation (CEDC), the world’s largest vodka producer with annual sales exceeding 270m litres, has decided not to pursue an acquisition of Nemiroff, the Ukrainian vodka producer. Nemiroff is the world’s third biggest vodka company in terms of sales, and is estimated to be worth more than
Global spirits and wine group Pernod Ricard has agreed to sell its shares in Spanish drinks company Ambrosio Velasco to Diego Zamora for a cash consideration of Eur33.1m. The closing of the transaction is subject to clearance by the Spanish competition authorities. Diego Zamora is a family owned Spanish company,
