Allied Domecq

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:

Brands acquired by Fortune Brands:

References

  1. 1 2 Corporate History of Dunkin' Brands from the Dunkin' Brands website
  2. ↑ Vanished UK drink is toast of Caribbean, an April 2007 article from the BBC website
  3. ↑ Pernod Ricard successfully completes acquisition of Allied Domecq, from the Pernod Ricard website
  4. ↑ Pernod Ricard sells Dunkin' Brands to Bain Capital
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