Pernod Ricard, through Chivas Brothers Limited, entered today into an agreement in principle with Stock Spirits Group in relation to the potential sale of the Clan Campbell Blended Scotch Whisky brand, after receiving a firm offer from the spirits and liqueur producer. This proposed transaction remains subject to consultation with the relevant employee representative bodies.
Pernod Ricard, through Chivas Brothers Limited, entered today into an agreement in principle with Stock Spirits Group in relation to the potential sale of the Clan Campbell Blended Scotch Whisky brand, after receiving a firm offer from the spirits and liqueur producer. This proposed transaction remains subject to consultation with the relevant employee representative bodies.
Clan Campbell is one of the leading brands in the blend-12 yo Scotch whisky category in France, with presence also in other European markets such as Spain, Luxembourg, and Italy. Its range has increased in recent years with the addition of Clan Caribbean rum-based spirit drink.
This transaction is part of Pernod Ricard’s active portfolio management, aiming at adapting to the evolving needs of its consumers and providing greater opportunities for premiumization. In France, the Group’s portfolio of Scotch whiskies includes the blended whiskies Ballantine’s and Chivas Regal, as well as The Glenlivet and Aberlour single malts.
Stock Spirits Group is a Central European based spirits company present in Poland, Czechia, Slovakia and Italy. It owns more than 70 brands, including Zoladkowa Vodka, Stock 84 brandy, Limonce limoncello or Bozkov rum. The group has more than 1,200 employees. It exports to more than 50 countries worldwide.
Alexandre Ricard, Chairman and CEO of Pernod Ricard, stated: “Our dynamic and broad-based growth across categories and geographies is strengthened by our active portfolio management strategy. Following a successful series of targeted acquisitions, the disposal of Clan Campbell will enable our teams to focus on priority brands.”
About Stock Spirits
Stock Spirits is one of the leading companies producing spirits and liqueurs. It has an established position in the category of flavored alcohols and pure vodkas in Poland and in the Czech Republic. Stock Spirits Group also develops its revenue management skills including, above all, the use of advanced analytics and artificial intelligence. The company is focusing primarily on developing a new range of products and services, entering new markets and developing a portfolio high-quality products.
Stock Spirits contact
Beata Ptaszynska-Jedynak / Group Corporate Communications Director
+48 22 602 411680
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About pernod ricard
Pernod Ricard is a worldwide leader in the spirits and wine industry, blending traditional craftsmanship, state-of-the-art brand development, and global distribution technologies. Our prestigious portfolio of premium to luxury brands includes 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, Malibu liqueur and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term growth of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to € 12,137 million in fiscal year FY23.
Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices