As a result of the acquisition, the company has become the largest foreign-based producer of spirits and wines in India. Pernod Ricard has been present in India since 1995 but it stated that its merged operations will continue to trade as Seagram Manufacturing Pvt Ltd.
INDIA: Pernod Ricard to merge Indian operations
French multinational drinks group, Pernod Ricard, has announced that it is to merge its Indian subsidiary with Seagram's Indian operations following its acquisition of the Seagram spirits and wine business last year.