Macfarlanes delivers Vin & Sprit deal to Pernod Ricard

Macfarlanes has landed a leading role in the e5.6bn (£4.5bn) acquisition of Absolut Vodka producer Vin & Sprit by French drinks giant Pernod Ricard.

Pernod called on longstanding advisors Macfarlanes and Debevoise & Plimpton. Macfarlanes’ team was led by corporate partners Tim Lewis and Marc Israel, while the Debevoise team was headed by partner Paul Bird and Gary Kubek in New York and Pierre Clermontel in Paris.

Bird said: “This was a huge European cross-border deal and finance was there. That is testament to Pernod’s strength as a business.”

Pernod turned to Gide Loyrette Nouel and Debevoise for antitrust advice on Europe and the US respectively, while Macfarlanes offered antitrust advice on the rest of the world. It also received advice from local firm Genandt & Danielsson.

Vin & Sprit, which was owned by the Kingdom of Sweden, instructed Scandinavian firm Vinge along with Dechert and M&A partner Doug Getter.

Clifford Chance acted for the six lending banks.