FRANCE: Kirin strengthens indirect stake in Pernod - reports
There are reports that Japan's second-largest beer maker, Kirin Brewery Co Ltd, has strengthened its indirect stake in Pernod Ricard. This follows a partial withdrawal by French bank, Societe Generale's subsidiary, Geneval, which has a stake in Pernod shareholder SIFA. Geneval is said to have sold its 31.8% stake in SIFA (Societe Immobiliere et Financiere Pour L'Alimentation), which owns 10.24% of Pernod and has 16.6% voting rights. Part of the stake has been acquired by Kirin, which now owns 47.5% of SIFA compared to 32.4% previously making it the holding company's biggest single shareholder. Other shareholders are Santa Lina (Pernod) and Don Rafael Gonzalez Gallarza, the head of Larios gin.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Interview - Pernod Ricard's luxury director
- What's coming up in wine in 2017? - Comment
- Chile's winemakers caught out by Brexit "disease"
- The just-drinks Analyst - 2017 forecasts
- The Cognac Category - Everything you need to know
- Diageo Australia names new commercial head
- Edrington readies Americas, GTR exec switches
- High-end Cognac making recovery in China - Pernod
- Suntory sends staff to fat camp - report
- "Beer and weed are complements" - analyst
- The Next Seven Big Beverage Markets
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Darker Than Before: Global Prospects for Brown Spirits
- Global gin insights - market forecasts, product innovation and consumer trends