Subjects>Food & Drink>Drinks and Beverages

Which are the top 3 Liquor company in the world?

Anonymous

∙ 16y ago

Updated: 10/7/2023

Newser) - French liquor giant Pernod Ricard's spirits were soaring after its $8.34 billion bid won it ownership of Sweden's state-owned Vin & Spirit, the parent company of Absolut vodka. Pernod topped US-based Fortune Brands in an auction for the purchase, the Wall Street Journal reports, and is now the wine and spirit industry's co-leader.

Pernod set its sights on Absolut, the world's third-biggest-selling spirit behind Smirnoff vodka and Bacardi rum, to enhance its premium vodka line. The V&S sale is the latest in a spate of liquor industry-consolidations over the past several years, and is the first major deal since credit woes brought Mergers and Acquisitions to a relative standstill. Source:Wall Street Journal

Wiki User

∙ 16y ago

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