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Tag Archives: BEAM

• Suntory proves overseas ownership can be good for Scotch

Suntory proves overseas ownership can be good for Scotch

SCOTLAND has had at least its fair share of trouble from decisions by big overseas companies over the decades. It has probably had more than its share, if you consider the raft of plant closures by global electronics players, among them Motorola, NEC and Freescale, which have within the past 20 years cost many thousands […]

• Jim Beam is huge get for Suntory. Indeed.

Jim Beam is huge get for Suntory. Indeed.

With its purchase of the maker of the Jim Beam brand, Japan’s Suntory Holdings has its eyes on both American culture — and global sales. You can offer a toast to this mega-deal for its sheer audacity. And its cultural smarts. With news that the Japanese whiskey and beer giant Suntory Holdings has agreed to […]

• Suntory of Japan Buys Maker of Jim Beam for $13.6 Billion

Suntory of Japan Buys Maker of Jim Beam for $13.6 Billion

Suntory, a privately held giant known for producing Japan’s first whiskey, has agreed to acquire the maker of Jim Beam and Maker’s Mark bourbons and Teacher’s and Laphroaig Scotch whiskies, for $13.6 billion. Suntory, based in Osaka, is offering Beam shareholders $83.50 a share in cash, 25 percent above am’s closing stock price on Friday. […]

• Timberlake, Diddy Throw Down in Artisanal Tequila Battle

Timberlake, Diddy Throw Down in Artisanal Tequila Battle

A battle is brewing south of the border care of two musicians-turned-moguls, who have just announced ventures with leading global liquor houses to co-create high-end tequila brands. Justin Timberlake, who founded his own tequila line called 901 (for the area code of his hometown, Memphis) in 2009, will team up with the Beam Inc.-owned Sauza […]

• Diageo to launch new bourbons, doesn’t need Beam

Diageo to launch new bourbons, doesn’t need Beam

Alcoholic drinks maker Diageo PLC (DGE.L) does not need to buy rival Beam Inc (BEAM.N), its chief executive officer said on Tuesday, since it is expanding its existing whiskeys and launching new ones. Diageo has long been seen as a potential buyer of newly independent Beam, since Beam’s array of bourbon whiskies would complement Diageo’s […]

• Bourbon Makers Create Special Blend As Tribute To Ailing Distiller

Bourbon Makers Create Special Blend As Tribute To Ailing Distiller

Kentucky’s bourbon makers are banding together to support one of their own and to raise money for research into ALS, also known as Lou Gehrig’s disease. Seven distilleries are creating a one-time only special blend of their best stuff in tribute to Heaven Hill master distiller emeritus Parker Beam, who was diagnosed with amyotrophic lateral […]

• White Dog Whiskey’s Really A Dog

White Dog Whiskey’s Really A Dog

Unaged whiskey helps young microdistilleries keep afloat. There’s just one problem: It tastes awful. Most serious whiskey fans seem content to let the white whiskey fad of recent years slip into oblivion alongside Crystal Pepsi and New York Seltzer. The term white whiskey is basically a marketing name for what distillers call white dog, referring […]

• Jim Beam Adding White Whiskey But Don’t Call It Moonshine

Jim Beam Adding White Whiskey But Don’t Call It Moonshine

Jacob’s Ghost a throwback to 1790s product and similar to moonshine. The world’s largest bourbon producer is dipping into moonshining’s colorful past to create its own batches of white whiskey. Beam Inc.’s newest spirit is called Jacob’s Ghost in honor of Jacob Beam, founding distiller of its flagship Jim Beam brand. Jacob’s Ghost resembles the […]

• Jim Beam maker buys Calico Jack & Pinnacle Vodka brands

Jim Beam maker buys Calico Jack & Pinnacle Vodka brands

As liquor sales boom, Beam Inc. is expanding its spirits empire, paying $605 million in cash to buy the Pinnacle Vodka and Calico Jack rum brands from White Rock Distilleries. Beam’s long list of products already include Jim Beam and Maker’s Mark bourbon, Courvoisier cognac, Canadian Club whiskey and Skinnygirl Cocktails (which saw a 388% […]

• Cooley, aka Beam, pulls plug on independent whiskey makers

Cooley, aka Beam, pulls plug on independent whiskey makers

The growing global demand for Irish whiskey has seen the Cooley Distillery cease supplying spirit to some independent whisky makers, according to a report in the Irish press. Lord Henry Mountcharles has been producing Slane Castle Irish whiskey, named after the family’s ancestral home, since 1999 using spirit bought in from the County Louth distillery. […]

• Skinnygirl Leads Spirits In Volume % Growth. Aaaargh.

Skinnygirl Leads Spirits In Volume % Growth. Aaaargh.

Low-calorie Skinnygirl Cocktails had the fastest volume growth last year in percentage terms, according to data released by Technomic’s Adult Beverage Resource Group. Skinnygirl sold 586,000 9-liter cases last year, a 388.3% jump in volume over 2010, the research group’s 2012 SpiritsTAB Report shows. Beam Global acquired Skinnygirl from its creator, reality TV star Bethenny […]

• Kilbeggan Named World’s Best Irish Blended Whiskey

Kilbeggan Named World’s Best Irish Blended Whiskey

Cooley Continues Its Tradition as an Award Winning Distillery, Earning Top Honors in Two Highly-Regarded International Spirits Competitions. Beam Inc. BEAM -0.98% is thrilled to announce that Kilbeggan(R) Irish Whiskey has been named the world’s Best Irish Blended Whiskey at the 2012 World Whiskies Awards (WWA). Part of the award-winning portfolio of brands produced by […]

• Beam considers price increases as economy recovers

Beam considers price increases as economy recovers

Beam Inc (BEAM.N) has raised prices on some of its alcoholic drinks this year as the U.S. economy shows signs of improving and the company could have more price increases as opportunities arise, according to a top executive. If its alcoholic drinks this year as the U.S. economy shows signs of improving and the company […]

• Beam boosts earnings by 10%. Let’s drink to that!

Beam boosts earnings by 10%. Let’s drink to that!

Beam Inc’s fourth quarter earnings rose 10% as the spirits company saw margins improve despite slower than expected sales growth. The company’s adjusted earnings topped Wall Street’s expectations, though Beam forecast current year earnings rising by a high single digit percentage while analysts questioned by Thomson Reuters expected 10% growth. Ahead of the report, some […]

• Beam expands Courvoisier lineup with new cognac

Beam expands Courvoisier lineup with new cognac

Beam, an American spirits company, has extended its Courvoisier lineup with the addition of new cognac, C by Courvoisier. C by Courvoisier is a blend of small-batch-produced cognac specially selected from 50 winegrowers in the Fin Bois Cru. The cognac goes through a double-barrel aging process to result in a smooth, full-bodied taste experience.