Allied Domecq
Industry | Drinks |
---|---|
Fate | Acquired |
Successor | Pernod Ricard |
Founded | 1994 |
Defunct | 2005 |
Headquarters | Bristol, United Kingdom |
Allied Domecq PLC was an international company, headquartered in Bristol, United Kingdom, that operated spirits, wine, and quick service restaurant businesses. It was once a FTSE 100 Index constituent but has been acquired by Pernod Ricard.
History
Allied Domecq was the result of a 1994 merger between Allied Lyons and Pedro Domecq.[1] Allied Lyons itself was the result of a 1978 merger between Allied Breweries and the food and catering group J. Lyons and Co.[1][2]
In early 2005, a takeover bid for the company was launched by French-based rival Pernod Ricard SA. Pernod Ricard successfully completed acquisition on 26 July 2005 and sold off the overlapping spirits brands to U.S.-based competitor Fortune Brands and British-based multinational Diageo.[3] On 12 December 2005, Pernod Ricard announced that it had agreed to sell the restaurant businesses (Dunkin' Brands) to a consortium of three US private equity firms (Thomas H. Lee Partners, the Carlyle Group and Bain Capital LLP) for $2.43 billion. The closing of the sale occurred on 1 March 2006.[4]
Portfolio at time of takeover
Allied Domecq's spirits division operated a combination of nine core global brands, plus a selection of local market leaders. Their product portfolio included:
- Beefeater gin
- Ballantine's whisky
- Teacher's Highland Cream whisky
- Laphroaig, a malt whisky from Islay
- Courvoisier cognac
- Canadian Club whisky
- Kahlúa coffee liqueur
- Malibu, a coconut-flavoured rum-based spirit
- Maker's Mark, a Kentucky bourbon whiskey
- Montana Wines, a large New Zealand wine producer.
- Mumm champagne
- Perrier-Jouët champagne
- Don Pedro Brandy
- Stolichnaya vodka
- Tia Maria liqueur
- Cockburn's Port
- Harvey's Bristol Cream sherry
Brands acquired by Fortune Brands:
- Sauza tequila
- Courvoisier cognac
- Canadian Club whisky
- Clos du Bois and other Sonoma and Napa wine brands
- Laphroaig malt whisky
- Maker's Mark bourbon
- Teacher’s Highland Cream whisky
- Cockburn's port
- Harvey's Bristol Cream sherry
- Larios gin
- DYC whisky
- Fundador Spanish brandy
- Centenario Spanish brandy
- Kuemmerling German bitters
References
- ↑ 1.0 1.1 Corporate History of Dunkin' Brands from the Dunkin' Brands website
- ↑ Vanished UK drink is toast of Caribbean, an April 2007 article from the BBC website
- ↑ Pernod Ricard successfully completes acquisition of Allied Domecq, from the Pernod Ricard website
- ↑ Pernod Ricard sells Dunkin' Brands to Bain Capital
- Beverage companies of the United Kingdom
- Companies based in Bristol
- Companies established in 1994
- Companies disestablished in 2005
- Companies formerly listed on the London Stock Exchange
- Defunct companies of the United Kingdom
- Dunkin' Brands
- Multinational companies headquartered in the United Kingdom
- Pernod Ricard brands