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Monthly Archive: July 2011

Fortune Names Post Separation Directors For Beam, Carbonari To Retire At Year End

As Beam Global’s parent company Fortune Brands prepares to become a pure-play spirits operation as Beam Inc., the Illinois-based group has named directors for the new Beam organization and announced that Fortune chairman and CEO Bruce Carbonari will retire at the end of 2011. Continue reading →

Posted in News on July 27, 2011

News Briefs for July 27, 2011

•Edwin H. Nielsen, the great-grandson of Bacardi founder Don Facundo Bacardí Massó, passed away July 24 in Spain at the age of 93. Continue reading →

Posted in News on July 27, 2011

Asian Surge Spurs Moet Hennessy To Strong H1 Growth, But U.S. Still Challenging

Sparked by double-digit organic volume growth for its Champagne unit and Hennessy Cognac’s solid progress, Moët Hennessy’s overall spirits and wine sales rose sharply in the first half of 2011 (ended June 30). Continue reading →

Posted in News on July 26, 2011

News Briefs for July 26, 2011

•Johannesburg-based investment firm JCI Ltd. has sold a controlling stake in South African wine producer Boschendal to Cinmark Twenty Seven Ltd. for approximately $104 million. Continue reading →

Posted in News on July 26, 2011

Chile’s Wine Industry Sandwiched By Rising Costs, Strong Peso

Slightly more than a year after a devastating earthquake rocked Chile and disrupted its wine industry, the country’s wine producers are facing another staunch challenge—the ongoing rise of the Chilean peso against the U.S. dollar and other major currencies. Continue reading →

Posted in News on July 25, 2011

News Briefs for July 25, 2011

•The Plainfield Village Board has approved Diageo’s plans for a $22 million expansion to the company’s Illinois production facility. Continue reading →

Posted in News on July 25, 2011

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