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Allied Domecq PLC was an international company, headquartered in Bristol, UK that operated spirits, wine, and quick service restaurant businesses. It was once a FTSE 100 Index constituent but has been acquired by Pernod Ricard. [edit] HistoryAllied 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 giant 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] [edit] Portfolio at time of takeoverAllied Domecq's spirits division operated a combination of nine core global brands, plus a selection of local market leaders. Their product portfolio included:
Brands acquired by Fortune Brands:
[edit] References
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