Beam Inc.
 | |
| Type | Public |
|---|---|
| Traded as | NYSE: BEAM |
| Industry |
Distilled beverage Wines |
| Founded | October 4, 2011 |
| Founder(s) | Remainder company created from Fortune Brands |
| Headquarters | Deerfield, Illinois, United States |
| Area served | Worldwide |
| Key people | Matthew John Shattock (CEO & President), Robert F. Probst (CFO) |
| Products | Spirits |
| Revenue |
 US$ 2.46 billion (FY 2012)[1] |
| Operating income |
$ 5.75 million (FY 2012)[1] |
| Net income |
 $ 3.82 million (FY 2012)[1] |
| Total assets |
$ 8.64 billion (FY 2012)[1] |
| Total equity |
$4.61 million (FY 2012)[1] |
| Employees | 3400 [1] |
| Website | www.beamglobal.com |
Beam Inc. is an American manufacturer of spirits, founded in 1904, and headquartered in Deerfield, Illinois.
The companys principal products include bourbon whiskey, tequila, Scotch whisky, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails.
The company was established on October 3, 2011, from the remainder of the Fortune Brands holding company after it sold and spun off various other product lines to form a business focused exclusively on spirits and directly related products.[2]
On Monday January 13, 2014, Suntory Holdings of Osaka, Japan entered a deal to buy Beam Inc for about $13.6 billion.[3]
Products
The company's self-produced brands include the following:
- American whiskey:
- Bourbon whiskey – Jim Beam, Maker's Mark, Old Grand-Dad, Old Crow, Baker's, Basil Hayden's, Booker's, Knob Creek
- Rye whiskey – Jim Beam Rye, Old Overholt, Knob Creek Rye
- Blended American whiskey – Kessler, Beam's Eight Star
- Scotch whisky:
- Single malt Scotch – Laphroaig, Ardmore
- Blended Scotch whisky – Teacher's Highland Cream
- Irish whiskey:
- Single malt Irish whiskey – The Tyrconnell, Connemara
- Single grain Irish whiskey – Greenore
- Blended Irish whiskey – Kilbeggan
- Canadian whisky
- Alberta Premium, Canadian Club, Tangle Ridge, Windsor Canadian
- Spanish whisky:
- DYC whisky
The company sells its products to wholesale distributors, state governments, third party distributors, global or regional duty free customers, other spirits producers, and joint ventures.
In addition to brands produced directly by the company and its subsidiaries, it imports and markets some brands produced by others, such as the DeKuyper cordial. Additionally, Beam facilities produce spirits for brands owned by other companies, such as Calvert Extra blended whiskey, now owned by Luxco.
Cooley Distillery
On December 16, 2011, Beam Inc., agreed to buy the only independent Irish-whiskey distiller that existed at the time, the Cooley Distillery, for $95 million.[4] On April 23, 2012 it was announced that Beam was set to acquire the Pinnacle vodka and Calico Jack rum brands for $600 million.[5]
See also
- Companies listed on the New York Stock Exchange (B)
- List of S&P 500 companies
- List of companies in the Chicago metropolitan area
- List of U.S. beverage companies
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Beam, Inc. (BEAM)-Key Statistics". Yahoo! Finance.
- ↑ "Beam Inc. Begins Life as a Pure-Play Spirits Industry Leader" Bloomberg. October 4, 2011.
- ↑ "Suntory buys spirits maker Beam for $13.6B". USA Today.
- ↑ Staff (December 16, 2011). "Cooley Distillery Sold for $95M". Irish Examiner. Retrieved January 11, 2012.
- ↑ "Beam buys Pinnacle Vodka and Calico Jack rum from White Rock". USA Today. April 23, 2012. Retrieved November 24, 2012.
External links
- beamglobal.com, the company's official website