Suntory Holdings Ltd, a family-owned Japanese maker of both alcoholic and soft drinks, struck a $16B deal to acquire BEAM Inc (NYSE:BEAM), the world’s fifth-largest spirits group by sales.
![Suntory Holdings beam](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20650%20300'%3E%3C/svg%3E)
Suntory first to make whiskey in Japan
BEAM Inc (NYSE:BEAM) makes world-renowned bourbon whiskeys Jim Beam and Maker’s Mark, as well as Teacher’s and Laphroaig Scotch whiskeys. It also owns the Sauza tequila and Pinnacle vodka brands. Suntory was one of the first companies in Japan to make whiskey and owns the Yamazaki, Hakushu and Bowmore brands.
Suntory’s acquisition of Beam is...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!