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Suntory Global Spirits, formerly known as Beam Suntory, Inc., is the American company operating as an independent subsidiary of the multinational Privately held beverage company Suntory. [2] The company produces alcoholic beverages. It is the third largest producer of distilled beverages worldwide, behind Diageo and Pernod Ricard.
In 2014 Beam Inc. was purchased by Suntory Holdings Ltd., a Japanese food and beverage group. [7] The combined company was known as Beam Suntory until May 2024, when it was re-branded as Suntory Global Spirits. [8] On August 4, 2003, a fire destroyed a Jim Beam aging warehouse in Bardstown, Kentucky.
On January 13, 2014, Suntory (headquartered in Osaka, Japan) announced it would buy Beam Inc. for about $13.6 billion. [5] The acquisition was completed on April 30, 2014, for about $16 billion and Beam became a subsidiary of Suntory named Beam Suntory, Suntory Global Spirits since 2024 . [6] [7]
Beam today announced that it had agreed to be purchased by Japanese food and beverage behemoth Suntory. The deal was struck for $83.50 a share in cash, or 25% above Beam's closing price on Friday.
Beam Suntory CEO Albert Baladi joins Yahoo Finance Live to discuss the demand for tequila, market uncertainty, consumer spending and trends, supply chain woes, and the outlook for acquisitions and ...
“There's absolutely no doubt that tequila is one of hottest categories at the moment," Albert Baladi, CEO of Beam Suntory, told Yahoo Finance Live (video above). "It is attracting multicultural ...
Knob Creek is an American brand of Kentucky straight bourbon whiskey produced by Suntory Global Spirits (a subsidiary of Suntory Holdings of Osaka, Japan) at the Jim Beam distillery in Clermont, Kentucky. It is one of the four Jim Beam small batch bourbon brands targeted for the high-end liquor market
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