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Beam Global

Beam Suntory
Subsidiary
Industry Distilled beverages
Founded October 4, 2011 (2011-10-04)
Founder Remainder company created from Fortune Brands
Headquarters Chicago, Illinois, United States
Area served
Worldwide
Key people
Matthew John Shattock (CEO & President), John Owen (CFO)
Products Spirits
Revenue IncreaseUS$ 2.46 billion (FY 2012)
Increase$ 5.75 million (FY 2012)
Decrease$ 3.82 million (FY 2012)
Total assets Increase $ 8.64 billion (FY 2012)
Total equity Increase $4.61 million (FY 2012)
Number of employees
3400
Parent Suntory
Website www.beamsuntory.com

Beam Suntory, Inc. is a subsidiary of Suntory Beverage & Food Ltd, which itself is a subsidiary of Suntory Holdings of Osaka, Japan. Its headquarters is in Chicago, Illinois. It is a producer of distilled beverages.

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.

The company's foundation was lead in 1795 when James Beam began selling barrels of whiskey. By 1935, it was formally the James B. Beam Distilling Company. Ten years later, the Chicago spirits merchant Harry Blum bought the company, and in 1968 sold it to American Brands, Inc. In 1987, the James B. Beam Distilling Company purchased National Distillers and renamed itself the Jim Beam Brands Company. It was known as Jim Beam Brands Worldwide, Inc., by the time Fortune Brands purchased it in 2005. The following year, the company was renamed Beam Global Spirits & Wine, Inc. It separated from Fortune Brands to become to form its own independent, publicly traded company, Beam Inc., in 2011. Three years later, it was purchased by Suntory Holdings.

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.

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


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