Pernod Ricard:Completion of the Disposal of Certain Aquavit and Bitter Brands and Assets for € 103 Million

Fri Jan 4, 2013 11:30am EST

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130104:nBw045509a

PARIS--(Business Wire)--
Regulatory News: 

Press release - Paris, 4 January 2013

Following satisfaction of regulatory closing conditions and in line with the
previous press release of 13 July 2012, Pernod Ricard (Paris:RI) announces the
completion of the sale to Arcus-Gruppen of the Danish aquavit brands Aalborg and
Brøndums, the German brand Malteserkreuz Aquavit and the Danish bitter brand
Gammel Dansk. 

The transaction also includes the sale of the Aalborg production plant in
Denmark. 

About Arcus-Gruppen
Arcus-Gruppen AS is a leading player in the sale and marketing of wine and
spirits in the Nordic region and selected international markets. The company
holds the leading aquavit brand Linie, the international vodka brand Vikingfjord
and the Nordic top selling cognac brand Braastad. Arcus-Gruppen is the largest
importer of wine to the Swedish market and the Norwegian markets through
relationships with some of the world premier producers of wine. The
Arcus-Gruppen headquarters are located outside Oslo in Norway, where the company
has new offices, distribution centre and production facilities. Arcus-Gruppen
employs 470 people and generates an annual turnover of approximately NOK 2
billion. Arcus-Gruppen key values are market focused, goal oriented and united.
The principal owner is the listed Swedish private-equity conglomerate Ratos AB.

About Pernod Ricard
Pernod Ricard is the world`s co-leader in wines and spirits with consolidated
sales of € 8,215 million in 2011/12. Created in 1975 by the merger of Ricard and
Pernod, the Group has undergone sustained development, based on both organic
growth and acquisitions: Seagram (2001), Allied Domecq (2005) and Vin & Sprit
(2008). Pernod Ricard holds one of the most prestigious brand portfolios in the
sector: ABSOLUT Vodka, Ricard pastis, Ballantine`s, Chivas Regal, Royal Salute
and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana
Club rum, Beefeater gin, Kahlúa and Malibu liqueurs, Mumm and Perrier-Jouët
champagnes, as well Jacob`s Creek, Brancott Estate (formerly Montana), Campo
Viejo and Graffigna wines. Pernod Ricard employs a workforce of nearly 18 800
people and operates through a decentralised organisation, with 6 "Brand
Companies" and 75 "Market Companies" established in each key market. Pernod
Ricard is strongly committed to a sustainable development policy and encourages
responsible consumption. Pernod Ricard`s strategy and ambition are based on 3
key values that guide its expansion: entrepreneurial spirit, mutual trust and a
strong sense of ethics.
Pernod Ricard is listed on the NYSE Euronext exchange (Ticker: RI; ISIN code:
FR0000120693) and is a member of the CAC 40 index.

Pernod Ricard
Jean TOUBOUL / Financial Communication - Investor Relations VP
Tel: +33 (0)1 41 00 41 71
Stéphanie SCHROEDER / External Communications Deputy Director
Tel: +33 (0)1 41 00 42 74
Alison DONOHOE / Investor Relations
Tel: +33 (0)1 41 00 42 14
Florence TARON / Press Relations Manager
Tel: +33 (0)1 41 00 40 88 

Copyright Business Wire 2013
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.