Absolut is owned by Pernod Ricard (France, EPA: RI), which acquired the brand on 23 July 2008 for €5.63 billion.[1][2] Absolut was founded in 1879 in Åhus and was independent until 2008.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Absolut vodka has been distilled in Åhus, southern Sweden since 1879, using winter wheat grown nearby and a continuous distillation method developed by Lars Olsson Smith. Its advertising campaign, running from 1980 and built entirely on the bottle silhouette, produced more than a thousand distinct executions. Pernod Ricard bought it in 2008 for €5.6 billion.
Pernod Ricard is a publicly listed company headquartered in Paris, France, founded in 1975. Brandtree records 11 brands under its control, and it is listed as EPA: RI.
Pernod Ricard was created in 1975 by the merger of two French anise-spirit rivals and grew by acquisition into the second-largest spirits group in the world, notably through the break-ups of Seagram in 2001 and Allied Domecq in 2005.
Brandtree records a controlling owner for 117 brands that began in Sweden.
53 of them (45%) are now controlled by a company headquartered in another country, Absolut among them.
Pernod Ricard bought V&S Group, the Swedish state-owned owner of Absolut, for €5.626 billion in a privatisation auction. Absolut immediately became one of the group's largest brands and remains among the best-selling vodkas in the world.
The parent company of Absolut is Pernod Ricard, a publicly listed company headquartered in France.
Is Absolut Swedish or French?
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Absolut originated in Sweden in 1879, but it is owned today by Pernod Ricard, which is headquartered in France. So Absolut is a Swedish-origin brand under French ownership.
When did Pernod Ricard buy Absolut?
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Pernod Ricard completed its acquisition of Absolut on 23 July 2008, after announcing the deal on 31 March 2008. The deal was valued at €5.63 billion (enterprise value).
Who owned Absolut before Pernod Ricard?
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Absolut was an independent company from its founding in 1879 in Åhus until Pernod Ricard acquired it in 2008.
Is Absolut still owned by Pernod Ricard?
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Yes. As of 16 September 2026, Absolut is still owned by Pernod Ricard. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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