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Patrick Ricard, who turned small family liquor firm into a global entity dies aged 67


FILE - Patrick Ricard in this file photo dated Monday March 31, 2008, the head of French drink group Pernod-Ricard poses after a press conference in Paris. Patrick Ricard, who transformed a small firm based on his father's anis-flavored liquor into a global entity, died aged 67 on Friday Aug. 17, 2012, the Pernod Ricard company announced Saturday Aug.18. (AP Photo/Christophe Ena, File)

PARIS - Patrick Ricard, who transformed a small firm based on his father's anis-flavoured liquor into a global entity with some of the most famous names in alcohol, has died. He was 67.

The company, Pernod Ricard, said in a statement that he died on Friday.

Ricard's father founded the company in 1932 and developed pastis, beloved in France as an aperitif but relatively unknown outside the country. His son joined the company in 1967 and became chairman and CEO in 1978, turning Pernod Ricard into a global brand with the acquisition of some of the world's best-known liquors, including Absolut Vodka, Jameson Irish Whisky and Perrier-Jouet champagne.

Ricard, who was chairman of the board of directors, is survived by his wife and three children.


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