It was announced today that Japanese booze conglomerate Suntory Holdings Ltd. is in the process of acquiring Beam Inc. Suntory, who already owns Yamazaki Japanese whisky and Bowmore Scotch, will now add iconic brands like Jim Beam, Maker’s Mark, Teacher’s and Laphroaig Scotch to their portfolio, effectively making them the third largest spirits company in the world. It was reported that the deal was worth $16 billion, including $2 billion of assumed debt that Suntory will take on.
Brands under Beam’s portfolio include:
Whisk(e)y: Jim Beam, Maker’s Mark, Old Grand-Dad, Old Crow, Baker’s, Basil Hayden’s, Booker’s, Knob Creek, Old Overholt, Kessler, Beam’s Eight Star, Laphroaig, Ardmore, The Tyrconnell, Connemara, Greenore, Kilbeggan, Canadian Club.
Tequila: Sauza, Hornitos de Sauza, El Tesoro de Don Felipe.
Cognac: Courvoisier, Salignac.
Vodka: VOX, Wolfschmidt, Gilbey’s, Effen, Pinnacle.
Rum: Cruzan, Calico Jack, Ronrico.
Stock of Beam (BEAM) rose nearly 25% in Monday’s trading.