Beam Suntory
 | |
| Subsidiary | |
| Industry | Distilled beverages |
| Founded | October 4, 2011 |
| Founder | 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] |
|
$ 5.75 million (FY 2012)[1] | |
 $ 3.82 million (FY 2012)[1] | |
| Total assets |
$ 8.64 billion (FY 2012)[1] |
| Total equity |
$4.61 million (FY 2012)[1] |
| Owner | Suntory |
Number of employees | 3400 [1] |
| Website |
www |
Beam Suntory, Inc. is an American manufacturer of spirits headquartered in Deerfield, Illinois. It is a subsidiary of Suntory Beverage & Food Ltd, which itself is a subsidiary of Suntory Holdings of Osaka, Japan.
The company's principal products include bourbon whiskey, tequila, Scotch whisky, Irish whiskey, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails.
As a distinct entity, the company was established as Beam Inc. 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 announced a deal to buy Beam Inc. for about $13.6 billion.[3] The acquisition was completed on April 30, 2014, for a final cost of about $16 billion – when it was also announced that Beam would become a subsidiary named "Beam Suntory".[4][5] Suntory Beverage & Food Ltd trades on the Tokyo Stock Exchange (2587).
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, Knob Creek Rye, Old Overholt, (rī)1
- Blended American whiskey – Kessler, Beam's Eight Star
- Scotch whisky:
- Single malt Scotch – Laphroaig, Bowmore, 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:
- Japanese 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.
The company also used to sell the sherry Harvey's Bristol Cream, as well as brandys Fundador, Terry Centenario, Tres Capas before selling these brands to Grupo Emperador Spain S.A., part of the Alliance Global Group.[6]
Prior acquisitions
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.[7] On April 23, 2012 it was announced that Beam was set to acquire the Pinnacle vodka and Calico Jack rum brands for $600 million.[8]
References
- 1 2 3 4 5 6 "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.
- ↑ Beam Suntory, Suntory press release, April 30, 2014.
- ↑ Suntory Still has M&A Thirst, The Wall Street Journal, May 15, 2014.
- ↑ Andrew Tan’s Emperador buys Spain’s Fundador
- ↑ 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
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