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Beam Inc.

Beam Suntory
Subsidiary
Industry Distilled beverages
Founded October 4, 2011 (2011-10-04)
Founder Remainder company created from Fortune Brands
Headquarters Deerfield, 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 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.

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.

On January 13, 2014, Suntory announced a deal to buy Beam Inc. for about $13.6 billion. 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". Suntory Beverage & Food Ltd trades on the (2587). In March 2016, the company announced it would move its headquarters to the Merchandise Mart building on Chicago's Near North Side; Beam Suntory is subleasing 110,000 sq ft on the 16th floor of the Mart from Motorola Mobility.


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