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FB Roundup: Pernod Ricard, Lego Group, Gebruder Weiss

April 1, 2021

Pernod Ricard goes upmarket in acquisition and distribution strategy, Locked down families build Lego’s fastest sales growth in five years, Gebruder Weiss profits in combining physical and digital innovation.

Pernod Ricard goes upmarket in acquisition and distribution strategy

Pernod Ricard, the French third-generation wines and spirits giant, is set to acquire a majority stake in a family-owned premium Columbian rum as part of its “Transform and Accelerate” strategic plan.

Pernod Ricard also embarked on a collaboration with Lafayette Imports, a new company founded by Biggar and Leith partners Elwyn Gladstone and Mark Teasdale, to boost its “super-premium” branding in the United States.

Bottle bond

January 13, 2014

Many investors were happy to pay over the odds for shares in Japanese drinks business Suntory, safe in the knowledge the founding Saji family – renowned for their business acumen – were steering the ship. But what if the next generation decide to take a step back from management? CampdenFB reports.

When family-controlled Japanese drinks business Suntory had its $4bn IPO in July, many analysts felt that the shares were overvalued compared to its peers. But what non-Japanese investors failed to understand is that the price includes a family premium. Suntory is iconic in Japan, and so is the Saji family which controls it. Those who bought shares are showing their trust in the Sajis. But could the nay-sayers be right?

AB InBev eyeing another major acquisition

October 29, 2013

AB InBev, the largest brewery company in the world and producer of brands such as Stella Artois, Budweiser and Beck's, may be preparing to buy its closest rival in one of the largest mergers in history.

According to media reports, the Belgian family-controlled AB InBev has its eye on London-based SABMiller as its next major acquisition, following its purchase of Mexican brewer Grupo Modelo in June of this year.

AB InBev was formed in 2008 when InBev purchased Anheuser-Busch Companies – a US family brewing business, with roots dating back to 1852.

Spirits maker Pernod Ricard eyeing US for growth

January 5, 2011

Pernod Ricard, the family-managed drinks company, hopes to become the world’s leading spirits manufacturer by expanding its US operations.

Pernod Ricard, the family-managed drinks company, hopes to become the world's leading spirits manufacturer by expanding its US operations.

The Marseilles-based company, the world's second-biggest spirits manufacturer by sales, believes the US has mature and profitable markets that are ripe for growth, according to a report in the Financial Times.

Remy Cointreau sees profits hit by Greek crisis

December 1, 2010

Remy Cointreau, the family-owned drinks company, has seen profits decline drastically for the first half as its Metaxa spirit suffered from Greece’s debt crisis.

Remy Cointreau, the family-owned drinks company, has seen profits decline drastically for the first half as its Metaxa spirit suffered from Greece's debt crisis.

Remy Cointreau's group net profit for the six months ending 30 September 2010 stood at €14.1 million, a 65% decrease on last year's €39.8 million. In a statement the group said the decline was "principally due to the highly unfavourable impact of the decline in Metaxa's sales in Greece."

Pernod Ricard records “historic” results

January 28, 2008

Financial results unveiled by family-owned drinks firm Pernod Ricard have been described as “historic” by the group’s chairman and CEO, Patrick Ricard, a second-generation member of the France-based family.

Financial results unveiled by family-owned drinks firm Pernod Ricard have been described as "historic" by the group's chairman and CEO, Patrick Ricard (pictured), a second-generation member of the France-based family.

Consolidated net sales for the period 1st July–31 December 2007 increased by 5.9% to €3.7 million. The company identified the growth as resulting from outstanding organic growth, the loss in value of the US dollar, and its disposal of the Rich & Rare business.