The 1988 acquisition of Irish Distillers Ltd (IDL) by Pernod Ricard is the great drinks industry acquisition that almost never happened. As the story goes, the French company – then a fraction of the size of today’s colossus – originally only wanted a small slice of the Irish whiskey pie.
Pernod Ricard sells Red Heart rum brand to South Africa’s KWV
The move marks the South African company’s entry into the rum category.
Henry Mathieu August 16 2024


