Published On 01/31/2017

Completion of the acquisition of a majority share of Smooth Ambler by Pernod Ricard North America

Completion of the acquisition of a majority share of
Smooth Ambler by Pernod Ricard North America

NEW YORK, N.Y., January 31, 2017 -- Following the previous press release of December 8 2016, NBV Investments Inc. (“NBVI”), a subsidiary of Austin Nichols & Co. Incorporated (d/b/a Pernod Ricard North America) and an affiliate of New York-based Pernod Ricard USA, LLC, announces today the signing and completion of the acquisition of a majority share of Smooth Ambler, the award-winning West-Virginia based distiller and producer of Smooth Ambler Contradiction Bourbon, Old Scout Single Barrel Bourbon and other high-end spirits.

About Smooth Ambler Spirits Co.,
Founded in 2009, Smooth Ambler Spirits Co. set out to produce fine artisan spirits by combining patient Appalachian know-how with the finest of American ingredients.
Located in the rural Greenbrier Valley of West Virginia, Smooth Ambler produces world-class spirits with state-of-the-art distillery equipment in conjunction with the natural resources of the region; high-valley mountain air, crisp, clean water, ideal temperature variations, and friendly folks. Complementing its exceptional line of WV-made Appalachian Spirits is that of their Artisan Merchant Bottled products. From time to time in the Smooth Ambler team’s travels they come across great spirits – not of their making, but of their liking – that might not otherwise be brought to market. In homage to the centuries-old Scotch & Irish practice of independent bottling, Smooth Ambler takes these exceptional products under their care and once in West Virginia, they are further cultivated and then bottled faithfully and honestly. The finest in Appalachian Whiskey & Spirits, Smooth Ambler is "The Spirit of WV"!

About NBV Investments Inc.
NBV Investments Inc. is a New York-based company whose aim is to invest and develop emerging brands in the US spirits and wine industry while preserving the entrepreneurial spirit and authentic brand story of its founders. The company is a subsidiary of Austin Nichols & Co., Incorporated and an affiliate of Pernod Ricard USA LLC.

About Austin, Nichols & Co. Inc.
Austin, Nichols & Co. Incorporated (d/b/a Pernod Ricard North America), is a Delaware-based holding company that is part of the Pernod Ricard family of companies. 

About Pernod Ricard USA
Pernod Ricard USA is the premium spirits and wine company in the U.S., and the largest subsidiary of Paris, France-based Pernod Ricard SA.
The company’s leading spirits and wines include such prestigious brands as Absolut® Vodka, Chivas Regal® Scotch Whisky, The Glenlivet® Single Malt Scotch Whisky, Jameson® Irish Whiskey, Malibu®, Kahlúa® Liqueur, Beefeater® Gin, Seagram’s Extra Dry Gin®, Martell® Cognac, Hiram Walker® Liqueurs, Pernod®, Ricard® and Avión™ Tequila; such superior wines as Jacob's Creek®, Kenwood® Vineyards and Brancott Estate®; and such exquisite champagnes and sparkling wines as Perrier-Jouët® Champagne, G.H. Mumm™ Champagne and Mumm Napa® sparkling wines.
Pernod Ricard USA is based in New York, New York, and has roughly 850 employees across the country. Pernod Ricard USA urges all adults to consume its products responsibly and has an active campaign to promote responsible drinking. For more information on this, please visit:
www.responsibility.org.

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About Pernod Ricard

Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales of €9,182 million in FY19. Created in 1975 by the merger of Ricard and Pernod, the Group has developed through organic growth and acquisitions: Seagram (2001), Allied Domecq (2005) and Vin&Sprit (2008). Pernod Ricard, which owns 16 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive brand portfolios in the industry, including: Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur, Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo, and Kenwood wines. Pernod Ricard’s brands are distributed across 160+ markets and by its own salesforce in 73 markets. The Group’s decentralised organisation empowers its 19,000 employees to be true on-the-ground ambassadors of its vision of “Créateurs de Convivialité.” As reaffirmed by the Group’s three-year strategic plan, “Transform and Accelerate,” deployed in 2018, Pernod Ricard’s strategy focuses on investing in long-term, profitable growth for all stakeholders. The Group remains true to its three founding values: entrepreneurial spirit, mutual trust, and a strong sense of ethics. As illustrated by the 2030 roadmap supporting the United Nations Sustainable Development Goals (SDGs), “We bring good times from a good place.” In recognition of Pernod Ricard’s strong commitment to sustainable development and responsible consumption, it has received a Gold rating from Ecovadis and is ranked No. 1 in the beverage sector in Vigeo Eiris. Pernod Ricard is also a United Nation’s Global Compact LEAD company.
Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code: FR0000120693) and is part of the CAC 40 index.

Contacts Pernod Ricard

Julia MASSIES VP, Financial Communication & Investor Relations
Tel: +33 (0)1 41 00 41 07

Adam RAMJEAN Investor Relations Manager
Tel: +33 (0)1 41 00 41 59

Fabien Darrigues External Communications Director
Tel: +33 (0)1 41 00 44 86

Alison DONOHOE Press Relations Manager
Tel: +33 (0)1 41 00 44 63

Emmanuel VOUIN Press Relations Manager
Tel: +33 (0)1 41 00 44 04