Beam Suntory

Beam Suntory

Type	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]
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]
Number of employees	3400 [1]
Parent	Suntory
Website	www.beamglobal.com

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 divested various other product lines to form a business focused exclusively on spirits and directly related products.^[2]

Old logo.

On 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). In March 2016, the company announced it would move its headquarters to the Merchandise Mart building on Chicago's Near North Side.^[6]

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:
  • DYC whisky
• Japanese whisky
  • Yamazaki, Hakushu, Hibiki

Tequila Sauza, Hornitos de Sauza, El Tesoro de Don Felipe, Tres Generaciones Cognac Courvoisier, Salignac Vodka VOX, Wolfschmidt, Gilbey's, Effen, Kamchatka, Pinnacle, Rum Cruzan, Calico Jack, Ronrico Gin Larios, Gilbey's, Calvert Liqueur Starbucks Liqueurs, Kamora, After Shock, Leroux, Castellana, Sourz

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 previously sold Harvey's Bristol Cream sherry, as well as brandys Fundador, Terry Centenario, Tres Cepas before selling these brands to Grupo Emperador Spain S.A., part of the Alliance Global Group.^[7]

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.^[8] On April 23, 2012, Beam announced it would acquire the Pinnacle vodka and Calico Jack rum brands for $600 million.^[9]

References

1. "Beam, Inc. (BEAM)-Key Statistics". Yahoo! Finance.
2. "Beam Inc. Begins Life as a Pure-Play Spirits Industry Leader". TheStreet.com. October 4, 2011. Retrieved March 1, 2016.
3. Horovitz, Bruce (January 13, 2014). "Suntory buys spirits maker Beam for $13.6B". USA Today.
4. Beam Suntory, Suntory press release, April 30, 2014.
5. Pfanner, Eric (May 15, 2014). "Suntory Still has M&A Thirst". The Wall Street Journal. Retrieved March 1, 2016. (subscription required (help)).
6. Frost, Peter (February 29, 2016). "Beam Suntory moving HQ to Merchandise Mart". Crain's Chicago Business.
7. Arceo-Dumlao, Tina (December 1, 2015). "Andrew Tan’s Emperador buys Spain’s Fundador". Philippine Daily Inquirer.
8. (December 16, 2011). "Cooley Distillery Sold for $95M". Irish Examiner. Retrieved January 11, 2012.
9. "Beam buys Pinnacle Vodka and Calico Jack rum from White Rock". USA Today. Associated Press. April 23, 2012. Retrieved November 24, 2012.

External links

• Beam Suntory – official company website