The oldest anise liqueur in France, Pernod is made from distillates of star anise, fennel and 14 other botanicals such as coriander and mint. It has a low liquorice content, which sets it apart from pastis. The original version included wormwood and was produced as absinthe at the Pernod Fils factory from 1805. The Pernod liqueur of today was created in 1938, though a reformulated absinthe based on the original recipe was released in 2005. Pernod merged with Ricard in 1975.