News

FRANCE: Pernod Ricard to focus on US acquisitions

Most popular

just-drinks meets Beam Suntory CEO Albert Baladi

just-drinks speaks to Beam Suntory CEO - Part II

What does the future hold for Champagne? - Focus

The just-drinks analyst returns

Lift our heads out of our drinks - Trends

MORE

Pernod Ricard has again raised the possibility of acquisitions in the US next year. In an interview with The LA Tribune, chief executive Patrick Ricard underlined the company's intentions for 2004.

"We're only ranked seventh in the American market," he told the newspaper. "Unlike the clear worldwide leader Diageo, whose size limits its room for acquisitions, we have considerable potential for growth."

"In particular, we're short of a Tequila brand, but I'm interested in everything," said Ricard. Pernod Ricard should see its existing US operations post organic growth of between 5% and 6% next year, he said.


Sectors: Spirits

Companies: Pernod Ricard, Diageo

Related Content

Pernod Ricard eyes US launch for Method and Madness Irish whiskey as craft comes to fore - just-drinks Exclusive

Pernod Ricard eyes US launch for Method and Madness Irish whiskey as craft comes to fore - just-drin...

"Africa is Asia in 15 to 20 years from today" - just-drinks speaks to Pernod Ricard CEO Alex Ricard...

Pernod Ricard H1 fiscal-2018 results - Preview

Pernod Ricard H1 fiscal-2018 results - Preview...

Pernod Ricard returns to Kentucky Bourbon with Rabbit Hole Whiskey stake purchase - market data

Pernod Ricard returns to Kentucky Bourbon with Rabbit Hole Whiskey stake purchase - market data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?