Pernod Ricard Japan to carry on distribution of Chivas in Japan starting as of September 30, 200904/09/2009
Pernod Ricard and Kirin have agreed to terminate their distribution arrangement under which Kirin has distributed Chivas Regal and other Pernod Ricard brands in Japan since January 1, 2006.
Pernod Ricard and Kirin have agreed to terminate their distribution arrangement under which Kirin has distributed Chivas Regal and other Pernod Ricard brands in Japan since January 1, 2006. Termination will be effective as of September 30, 2009. Pernod Ricard Japan will carry out distribution of these brands from October 1, 2009. The standstill agreement between Kirin and Pernod Ricard, whereby Kirin has agreed not to transfer its Pernod Ricard shares before the date of termination of the Distribution Agreement will also terminate on September 30, 2009.
About Pernod Ricard
Pernod Ricard is the world’s n°2 in wines and spirits with consolidated Sales of € 8,558 million in 2014/15. 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, Graffigna and Kenwood wines. Pernod Ricard employs a workforce of approximately 18,000 people and operates through a decentralised organisation, with 6 “Brand Companies” and 80 “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 Euronext (Ticker: RI; ISIN code: FR0000120693) and is part of the CAC 40 index.
Contacts Pernod Ricard
Julia MASSIES / VP, Financial Communication & Investor Relations
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Adam RAMJEAN / Investor Relations Manager
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Sylvie MACHENAUD / Director External Communications
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Emmanuel VOUIN / Press Relations Manager
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Apolline CELEYRON / Press Relations Officer
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