V&S Group
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FRANCE: Pernod Ricard silent on Vin & Sprit brands sale
9 Sep 2009
Pernod Ricard has declined to comment on a report out of Sweden that the group is to sell off all Vin & Sprit brands apart from Absolut vodka.
FRANCE: Pernod Ricard sells V&S spirits to Arcus, Gronstedt to Altia
1 Apr 2009
Pernod Ricard has completed the sale of three ex-Vin & Sprit brands to Arcus Gruppen, but competition concerns have forced the drinks giant to remove Gronstedt Cognac from the deal and sell to Altia instead.
SWEDEN: Vin & Sprit Absolut president to stand down
1 Apr 2009
The president of Vin & Sprit Absolut has announced his intention to step down from the post later this year.
FRANCE: Pernod Ricard sells V&S brands
18 Dec 2008
Pernod Ricard has signed a deal with Norway's Arcus Gruppen to sell several drinks brands acquired as part of its takeover of Vin & Sprit.
UK: Vin & Sprit sues Absolute Radio
14 Oct 2008
Vin & Sprit, the owner of Swedish vodka brand Absolut has launched legal proceedings against UK radio station Absolute Radio for infringement of its trademark.
FRANCE: Pernod Ricard closes Vin & Sprit purchase
24 Jul 2008
Pernod Ricard has announced it has completed its €5.69bn acquisition of Absolut vodka owner Vin & Sprit, after receiving the green light from EU competition authorities.
GLOBAL: Pernod Ricard ordered to sell ahead of V&S purchase closure
18 Jul 2008
Pernod Ricard has been set a selection of hoops to jump through ahead of the closure of its acquisition of Vin & Sprit.
BELGIUM: Pernod V&S purchase suffers EC decision delay
30 Jun 2008
The European Commission has delayed its decision on Pernod Ricard's proposed acquisition of Vin & Sprit.
US: Vin & Sprit readies Cruzan Guava for US
22 May 2008
Vin & Sprit has unveiled an addition to its Cruzan flavoured rum portfolio in the US.
US: Court dismisses Fortune V&S injunction - report
20 May 2008
A New York court has dismissed Fortune Brand’s claim for an injunction to prevent the transfer of a minority stake in its Beam Global Spirits & Wine unit to the Swedish government by Vin & Sprit, according to reports.
SWEDEN: Fortune offers below V&S asking price for stake
16 May 2008
Fortune is believed to have offered US350m for Vin & Sprit’s 10% stake in Beam Global, according to reports.
SWEDEN: Fortune legal action won't delay V&S sale - report
14 May 2008
The court action embarked upon by Fortune Brands to stop a 10% stake in its Beam Global Brands subsidiary passing from V&S to the Swedish state will not delay the sale of V&S to Pernod Ricard, a government spokesperson has said.
UK: Vin & Sprit defeat keeps Beam Global’s “powder” dry - CEO
16 Apr 2008
The head of Beam Global Spirits & Wine has said the company has “a lot of dry powder”, and will consider other acquisitions following its failure to capture Vin & Sprit earlier this month.
US: V&S faces Mexican stand-off in US
8 Apr 2008
Vin & Sprit has moved to stave off a possible boycott of Absolut vodka in the US, by pulling a controversial advert in neighbouring Mexico.
ITALY: Davide Campari-Milano eyes V&S seconds
8 Apr 2008
Davide Campari-Milano would consider buying brands that Pernod Ricard might sell off following its acquisition of Vin & Sprit, according to an interview with the Italian company's CEO.
US: Vin & Sprit targets US gay community with Absolut ads
8 Apr 2008
Vin & Sprit has unveiled a promotional push for its Absolut vodka brand that specifically targets the gay community in the US.
GLOBAL: “Business as usual” at Maxxium, despite V&S sale
2 Apr 2008
Maxxium has said that “nothing will change” at the distributor, following this week’s announcement that Pernod Ricard is to buy Vin & Sprit.
In the Spotlight - Pernod Ricard, Vin & Sprit - questions, questions
1 Apr 2008
Pernod Ricard's victory in the race to buy Vin & Sprit has sent shockwaves across the global spirits industry, whilst also throwing up a vast array of questions. In a spotlight special, Jessica Harvey picks through the finer details of the deal to find answers to those questions. Esewhere on the just-drinks site, Olly Wehring talks to Tom Flocco, president and CEO of Beam Global Spirits & Wine, who had been everyone's hot favourite to win V&S's hand.
BREAKING NEWS: Pernod Ricard wins race for Vin & Sprit
31 Mar 2008
Pernod Ricard has won the auction for Vin & Sprit, beating Fortune Brands to the Absolut vodka trademark.
US: Fortune “didn’t see appropriate return” in Vin & Sprit
31 Mar 2008
Fortune Brands has said that it will launch a “high-return” share programme, in light of its failure to acquire Vin & Sprit.
SWEDEN: Vin & Sprit sees "logic" in Pernod purchase
31 Mar 2008
Vin & Sprit has welcomed today’s (31 March) announcement that Pernod Ricard is set to take control of the Swedish company.
10 things you should know about... Vin & Sprit
31 Mar 2008
10 things you should know about... Vin & Sprit
SWEDEN: Vin & Sprit sale going “according to plan” - Government
28 Mar 2008
The sale of the Swedish state-owned makers of Absolut Vodka, Vin & Sprit, is progressing “according to plan”, as speculation mounts that a buyer will be named in the coming weeks.
SWEDEN: Bacardi to follow Fortune in V&S split plan?
27 Mar 2008
Bacardi is the latest major drinks company thought to have teamed up with a local private equity firm, in its hopes to win the auction for Sweden’s Vin & Sprit group.
US: Fortune Brands silent on Vin & Sprit sale split talk
26 Mar 2008
Fortune Brands has refused to be drawn on speculation claiming the company has taken a partner in its bid to acquire Vin & Sprit.
SWEDEN: V&S bidders get second deadline
19 Mar 2008
The deadline for the second round of bids for Vin & Sprit (V&S) has been set.
SWEDEN: V&S Golden Gate appeal rejected
10 Mar 2008
Vin & Sprit has lost its appeal against The Wine Group subsidiary Golden State Vintners over the use of the Golden Gate trademark in Sweden.
GLOBAL: V&S gets 'Visionary' for Absolut
29 Feb 2008
Vin & Sprit has launched an initiative for its Absolut vodka brand involving media, arts and entertainment luminaries as part of its ‘In an Absolut World’ campaign in the US.
SWEDEN: Vin & Sprit completes site evacuation
21 Feb 2008
Vin & Sprit has completed the clearance of one of its Swedish facilities, with its Cognac production moving to Cognac, France.
SWEDEN: Fortune Brands favourite to pick up Vin & Sprit - sources
19 Feb 2008
Fortune Brands is the favourite of four remaining candidates to buy state-owned Vin & Sprit, according to sources in Stockholm.
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