New York – March 31, 2008 – LAWFUEL – Debevoise & Plimpton LLP is advising Pernod Ricard in connection with its execution of a definitive agreement with the Kingdom of Sweden for the acquisition of 100% of the shares of the Vin & Sprit Group, the owner of Absolut vodka, in a transaction valued at approximately 5.626 billion Euros.
Pernod Ricard is the second largest player in the wine and spirits industry and the leader in the “ultra premium” spirits market. Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team in New York is led by partners Paul S. Bird and Gary W. Kubek and includes partners David H. Bernstein, Gary M. Friedman, Matthew T. Golden, and Elizabeth Pagel Serebransky, and associates Jamie Bartholomew, Oliver A. Olah, S. Zev Parnass, Michael Schaper, P. Scott Selig, DePaul J. Vaughn and Yael S. Weingarten Nayman. A Debevoise team in Paris advising Pernod Ricard on the financing of the transaction was led by partner Pierre Clermontel and includes of counsel Eryl Besse and associates Felicia A. Henderson, Philippe Tengelmann and Dan Taieb.