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  4. Italicus
Italicus logo
Food & Beverage

Who Owns Italicus?

Italicus is an Italian bergamot aperitif brand founded in 2016 by Giuseppe Gallo and headquartered in London, England, with production in Moncalieri, Torino, Italy. On August 27, 2026, Pernod Ricard S.A. (Euronext Paris: RI) acquired full ownership of Italicus by buying out the remaining 50% stake from founder Giuseppe Gallo, who stepped down from his operational role. Pernod Ricard had originally taken a 50% stake in March 2020 as part of a strategic partnership. Italicus has sold more than 3 million bottles, is distributed in 47 countries, and has achieved consistent double-digit annual growth. The brand is one of the world's most-awarded modern aperitivos and is produced at Torino Distillati in Moncalieri, Italy.

Parent Company

Pernod Ricard S.A.

Acquired

2026

Status

Publicly Traded

Headquarters

London, England, United Kingdom

Italicus Timeline

1975
Pernod Ricard S.A.

Parent company established in Paris, France

Company Founded
2016

Italicus

Founded by Giuseppe Gallo

Founded
2026
Acquired by Pernod Ricard S.A.

Pernod Ricard S.A. acquired Italicus

Acquired
ultra luxurypremiumGlobalOfficial Website

Who Owns Italicus?

  • Parent Company: Pernod Ricard S.A.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2026
  • Company Type: Publicly Traded
  • Stock Ticker: Euronext Paris: RI
BrandParent CompanyOwnership Type
ItalicusPernod Ricard S.A.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonItalicus on Amazon

History of Italicus

  • Founded: 2016
  • Founders: Giuseppe Gallo
  • Acquired by Pernod Ricard S.A.: 2026

Italicus was founded in 2016 by Giuseppe Gallo, an Italian hospitality industry veteran from the Amalfi Coast (Salerno province). Gallo had spent nearly 10 years as the global brand ambassador for Martini and Rossi, the Italian vermouth and aperitif brand, where he won Best International Brand Ambassador at Tales of the Cocktail's Spirited Awards in 2014. His experience at Martini gave him deep knowledge of the aperitif category, the Italian spirits industry, and the global bartending community.

Gallo founded ItalSpirits, a consultancy, in 2015 after leaving Martini. Through ItalSpirits, he developed the Italicus concept: a revival of the historic rosolio category, an Italian aperitif style that dates to the late 1800s. Rosolio was once the most popular aperitif in the Italian royal court but had largely disappeared by the 20th century, replaced by vermouth and other aperitifs. Gallo saw an opportunity to revive the category with a modern product that used high-quality Italian ingredients.

Italicus Rosolio di Bergamotto launched in September 2016. The product is a 20% ABV Italian bergamot aperitif liqueur, made with bergamot from the UNESCO-protected Calabrian region, cedro from Sicily, Roman chamomile, lavender, gentian, yellow roses, Italian neutral grain spirit, and natural cane sugar. The production uses a cold-infusion process called "Sfumatura," which preserves the delicate flavors of the bergamot and other botanicals.

The brand's early launch focused on three markets: the UK (London), Italy (Milan), and the United States (New York). Gallo chose these markets because of their strong cocktail and aperitivo cultures, where bartenders drive product adoption through signature cocktails. The Italicus Spritz, made with Italicus, prosecco, and soda, became the brand's signature serve and was adopted by bartenders in top bars, restaurants, and hotels.

Production is at Torino Distillati, a family-owned distillery established in 1906 in Moncalieri, Torino, run by the Vergnano family. The distillery's century of experience in Italian spirits production provided the technical foundation for Italicus's cold-infusion process and quality standards.

The brand grew steadily through the late 2010s, building distribution in the on-trade (bars and restaurants) across Europe and the United States. In 2017, Italicus won Best New Spirit at the Tales of the Cocktail Spirited Awards, one of the most prestigious awards in the global spirits industry. The brand was also named Top Trending Liqueur Brand by Drinks International multiple years from 2019 through 2025.

In March 2020, Pernod Ricard took a 50% stake in Italicus as part of a strategic partnership. Gallo remained CEO and continued to lead the brand. The partnership gave Italicus access to Pernod Ricard's global distribution infrastructure, accelerating international expansion. Over the following six and a half years, Italicus expanded to 47 countries and sold more than 3 million bottles, with consistent double-digit annual growth.

In addition to Italicus, Gallo created Savoia Americano Vino Aperitivo, another Italian aperitif brand, and founded the Roma Bar Show in 2019. His role as a creator and promoter of Italian aperitif culture made him one of the most influential figures in the category's global revival.

On August 27, 2026, Pernod Ricard acquired the remaining 50% stake in Italicus, taking full ownership. Gallo stepped down from his operational role, announcing his exit as a planned transition after 10 years of building the brand. The terms of the buyout were not publicly disclosed. Pernod Ricard now controls the brand's IP, production, and global distribution.

About Pernod Ricard S.A.

What does Pernod Ricard own?
Pernod Ricard owns more than 240 spirits, wine, and champagne brands. The largest by revenue are Absolut (vodka, EUR 1.23 billion in FY2025), Jameson (Irish whiskey, EUR 1.12 billion), Ballantine's (Scotch whisky, EUR 913 million), Chivas Regal (Scotch whisky, EUR 480 million), Ricard (pastis, EUR 420 million), Malibu (rum, EUR 410 million), Beefeater (gin, EUR 330 million), Havana Club (rum, EUR 330 million), Martell (cognac, EUR 190 million), and The Glenlivet (single malt Scotch, EUR 140 million). The company also owns champagne houses Mumm and Perrier-Jouet, and in August 2026 took full ownership of Italicus, the Italian bergamot aperitif.

Is Pernod Ricard publicly traded?
Yes, Pernod Ricard is publicly traded on Euronext Paris under ticker RI and is a constituent of the CAC 40 index. The Ricard family maintains controlling voting rights through Societe Paul Ricard, which holds double-voting shares attached to long-held stock. This structure gives the family strategic control while the company remains publicly listed.

Who founded Pernod Ricard?
Pernod Ricard was formed in 1975 through the merger of two French spirits companies. Pernod was founded in 1805 by Henri-Louis Pernod in Pontarlier, France, originally producing absinthe. Ricard was founded in 1932 by Paul Ricard in Marseille, France, producing pastis. The merger combined the two companies into a single group. The Ricard family has maintained ownership and control since the merger.

Where is Pernod Ricard headquartered?
Pernod Ricard is headquartered in Paris, France. The company's corporate offices are located in the 16th arrondissement of Paris. Production facilities are spread across key spirits-producing regions, including Scotland (Chivas Brothers), Ireland (Irish Distillers), Sweden (Absolut Company), and France (Martell, Ricard, champagne houses).

How many brands does Pernod Ricard own?
Pernod Ricard owns more than 240 brands globally. The portfolio includes 15 strategic international brands (Absolut, Jameson, Ballantine's, Chivas Regal, Ricard, Malibu, Beefeater, Havana Club, Martell, The Glenlivet, Mumm, Perrier-Jouet, Royal Salute, Kahlua, and Olmeca), along with strategic local brands (Imperial Blue, Royal Stag in India) and numerous specialty and regional brands.

Who owns Pernod Ricard?
Pernod Ricard is controlled by the Ricard family through Societe Paul Ricard, which holds the majority of voting rights via double-voting shares. Alexandre Ricard, the great-nephew of founder Paul Ricard, serves as Chairman and CEO. The company is publicly traded on Euronext Paris, with free float available to institutional and retail investors. Major institutional shareholders include Vanguard, BlackRock, and European asset managers.

What is Pernod Ricard's financial performance?
For fiscal year 2025 (ended June 30, 2025), Pernod Ricard reported net sales of EUR 10.96 billion, an organic decline of 3.0% from EUR 11.60 billion in FY2024. Profit from recurring operations was EUR 2.95 billion, with organic operating margin expansion of 64 basis points. Group share of net profit was EUR 1.63 billion, up 10%. Free cash flow was EUR 1.1 billion, up 18%. Earnings per share were EUR 7.26, and the dividend was maintained at EUR 4.70 per share.

  • Founded: 1975
  • Headquarters: Paris, France
  • Company Type: Publicly Traded
  • Stock: Euronext Paris: RI
  • Revenue: EUR 10.96 billion (FY2025)
  • Employees: approximately 19,000

Visit Pernod Ricard S.A. website

View full company profile for Pernod Ricard S.A.

Where Is Italicus Made / Based?

  • Headquarters: London, England, United Kingdom
  • Manufacturing / Operations: Italy

Italicus Categories & Tags

AperitifItalian SpiritsLiqueurBergamotLow Abv

Italicus Sustainability & Ethics

Italicus does not publish a standalone sustainability report and does not hold B Corp certification. The brand's sustainability practices are not independently verified through certifications such as organic, fair trade, or carbon neutral.

The brand's production at Torino Distillati in Moncalieri, Italy, uses Italian-sourced ingredients including bergamot from the UNESCO-protected Calabrian region and cedro from Sicily. The use of domestically sourced Italian ingredients supports local agriculture and reduces transportation footprint, though this is not formally certified as a sustainability initiative.

Following Pernod Ricard's full acquisition in August 2026, Italicus will be subject to Pernod Ricard's sustainability policies. Pernod Ricard publishes an annual sustainability report and has commitments including SBTi-validated emissions reduction targets and a 2030 Environmental and Social Roadmap. However, Italicus-specific sustainability targets have not been publicly disclosed.

No specific greenwashing controversies or regulatory actions related to Italicus sustainability claims have been identified as of 2026.

Awards & Recognition

Italicus has received significant industry recognition since its launch in 2016:

  • Best New Spirit 2017: Italicus won Best New Spirit at the Tales of the Cocktail Spirited Awards, one of the most prestigious awards in the global spirits industry.
  • Top Trending Liqueur Brand: Italicus was named Top Trending Liqueur Brand by Drinks International multiple years from 2019 through 2025, reflecting its consistent presence on top bar menus globally.
  • Double Gold, World Wine and Spirits Trophy 2021: Italicus received a Double Gold medal at the World Wine and Spirits Trophy.
  • Italian Aperitif of the Year, Difford's Guide 2016: Italicus was named Italian Aperitif of the Year by Difford's Guide in its inaugural year.
  • Founder Recognition: Giuseppe Gallo won International Ambassador of the Year at the Tales of the Cocktail Spirited Awards in 2014, before founding Italicus, recognizing his work as global brand ambassador for Martini and Rossi.

The brand also runs the Art of Italicus Aperitivo Challenge, a global cocktail competition for bartenders, with national finalists announced annually. The 2025 competition continued this tradition, building the brand's relationship with the global bartending community.

Italicus Recalls & Controversies

No major product recalls, regulatory actions, or significant public controversies have been identified for Italicus as of 2026. The brand has maintained a clean public record through its 10-year history, which is notable for a spirits brand that has grown rapidly through the on-trade and mixology community.

The brand's production at Torino Distillati, a family-owned distillery with more than a century of experience, provides a quality foundation that has supported the brand's award-winning product quality.

Italicus Ownership: Pros & Cons

Advantages

  • +Pernod Ricard's global distribution network in more than 160 countries can expand Italicus beyond its current 47-country footprint
  • +Pernod Ricard's marketing resources and brand building expertise can grow consumer awareness beyond the bartender community
  • +Pernod Ricard's portfolio of premium spirits provides cross-selling and category management opportunities in the on-trade
  • +Full ownership eliminates the complexity of the 50/50 partnership structure that existed from 2020 to 2026
  • +Pernod Ricard's SBTi-validated emissions reduction targets provide a sustainability framework for Italicus
  • +The brand's super-premium positioning and award-winning product quality support premium pricing and margin structure

Considerations

  • -Founder Giuseppe Gallo's departure from the operational role removes the brand's creator and primary advocate from day-to-day leadership
  • -The brand's on-trade and mixology-driven model depends on bartender relationships that Gallo personally built over 10 years
  • -The brand's modest social media following (approximately 6,847 Twitter/X followers, approximately 2,807 LinkedIn followers) reflects limited consumer awareness beyond the bartender community
  • -No B Corp certification or independent sustainability verification
  • -The super-premium price tier (approximately $42 to $47 for 750ml) limits addressable market compared to mass-market aperitifs like Aperol
  • -Integration with Pernod Ricard's larger portfolio could dilute the brand's artisanal and founder-driven identity
  • -The terms of the buyout were not publicly disclosed, making it difficult to assess the valuation and strategic rationale

Frequently Asked Questions About Italicus

Sources & Further Reading

  • Italicus Official Website,
  • ItalSpirits: Giuseppe Gallo Marks 10 Years of Italicus and Announces Exit,
  • The Spirits Business: Pernod Ricard Takes Full Ownership of Italicus (August 2026),
  • Just Drinks: Pernod Ricard Takes Full Control of Italicus,
  • Pernod Ricard: Pernod Ricard Expands Portfolio with Italicus,
  • The Spirits Business: Italicus Aperitivo Joins Pernod Ricard's Portfolio (March 2020),
  • The Drinks Business: Meet the Maker Giuseppe Gallo,
  • VinePair: The Next Round Italian Liqueur Giuseppe Gallo,
  • Forbes: Meet the Entrepreneur Behind Italicus and Savoia (July 2024),
  • ItalSpirits: Italicus Best New Spirit 2017,
  • Wine Industry Advisor: Italicus 2025 Art of Italicus Aperitivo Challenge,
  • Pernod Ricard Investor Relations,
  • Wikidata: Italicus,

Competitors to Italicus

No direct competitors found in the same category. This could be because Italicusoperates in a unique market segment or we're still building our competitor database.

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Pernod Ricard S.A. Stock Information

Jobs at Pernod Ricard S.A.

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Last reviewed: September 1, 2026 · Reviewed by Who Brands Editorial Team