Regulatory News:
Press release - Paris, 29 June 2011
Pernod Ricard (Paris:RI) announces the disposal, by its affiliate Pernod Ricard Europe, of its shares in Georgian Wine and Spirits LLC to JSC Marussia (Georgia).
Georgian Wine and Spirits LLC is a Georgian company that owns among others the wine brands Old Tbilisi, Tamada and related assets.
Pernod Ricard was advised in this transaction by BGI Legal.
About Pernod Ricard
Pernod Ricard is the world’s
co-leader in wines and spirits with consolidated sales of € 7,081
million in 2009/10. 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, Campo Viejo and Graffigna wines. Pernod Ricard
employs a workforce of nearly 18,000 people and operates through a
decentralised organisation, with 6 “Brand Companies” and 70
“Distribution 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: entrepreneurship 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.
For further information,
please visit our website: www.pernod-ricard.com
About Marussia Beverages
JSC Marussia (Georgia) is
a fully-owned subsidiary of the Dutch wine and spirits group Marussia
Beverages BV, which itself was established in 2004, and belongs to a
privately owned Swedish parent company.
The Marussia group
of companies benefits from a long-term growth strategy and is targeting
the development of an international portfolio of high quality and
prestigious in-house brands of wines and spirits, recognised by both
industry and consumers as “Best in Class” and promoted by an innovative
and dynamic marketing and sales approach. The group’s current activities
are focused on Amsterdam, London, Moscow, Paris, and Tbilisi, with
further international distributors planned for the near future. The
group’s existing in-house brands include the wines of Chateau Mukhrani,
Mamont Vodka, Clos Martin armagnac, Black Ship whisky, Aviator brandy,
and the Paulsen Collection of ultra-premium spirits.
Contacts:
Denis FIEVET / Financial Communication
– Investor Relations VP
Tel: +33 (0)1 41 00 41 71
or
Stéphanie
SCHROEDER / External Communications Deputy Director
Tel: +33 (0)1
41 00 42 74
or
Alison DONOHOE / Investor Relations
Tel:
+33 (0)1 41 00 42 14
or
Florence TARON / Press Relations
Manager
Tel: +33 (0)1 41 00 40 88
or
Marussia
Beverages
Petter SVAETICHIN
Tel: +995 5957 33533