Pernod Ricard is the world's second-largest wine and spirits company, formed from the 1975 merger of Pernod and Ricard. The French multinational owns major global brands including Absolut Vodka, Jameson Irish Whiskey, Chivas Regal, Ballantine's, Malibu, Kahlúa, Beefeater Gin, and Mumm Champagne. In Australia, the company also owns Jacob's Creek wines and Orlando Wines, making it a significant player in the local market.