BlackRock, acting on behalf of clients and funds, has notified the AMF that it crossed above the 5% shareholding threshold in Pernod Ricard on May 29. The asset manager now holds, for the account of said clients and funds, 5.22% of the capital and 4.35% of the voting rights in the spirits giant.
The U.S.-based asset management powerhouse specified that this threshold breach resulted from both on-market and off-market acquisitions of Pernod Ricard shares, as well as an increase in the number of shares held as collateral.
Pernod Ricard is the world's No. 1 in the production and marketing of Premium and Prestige spirits and wines. Net sales break down by family of products as follows:
- spirits and champagnes of strategic international brands (61.3%): Absolut (12.3 million cases sold in 2024/25), Jameson (11.2 million), Ballantine's (9.1 million), Chivas Regal (4.8 million), Ricard (4.2 million), Malibu (4.1 million), Beefeater (3.3 million), Havana Club (3.3 million), Martell (1.9 million), The Glenlivet (1.4 million), Perrier-Jouet (0.3 million) and Royal Salute (0.2 million);
- local strategic brands' spirits (18.4%): Seagram's, Kahlua, Olmeca, Seagram's Gin, Ramazzotti, Imperial, and Pastis 51 brands, etc.;
- speciality brand's craft spirits (7.3%): Italicus, Lillet, Pernod, Suze, Augier, Malfy, Jefferson's, Powers and Redbreast brands, etc.;
- strategic wines (4%): Jacob's Creek, Kenwood, Brancott Estate, Campo Viejo, Church Road, George, St Hugo, Stoneleigh, Ysios and Wyndham brands;
- other (9%).
At the end of June 2025, the group has 94 production sites worldwide.
Net sales are distributed geographically as follows: Europe (28.9%), Americas (28.8%) and other (42.3%).
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