Tag Archive: Fortune Brands
Pernod To Sell Mexican Brandies And Wines To Emperador-González Byass Joint Venture
Pernod Ricard has agreed to sell Mexican brandies Don Pedro, Presidente and Azteca de Oro, as well as a Mexican winery, to Bodega Las Copas, a 50-50 joint venture between González Byass and Grupo Emperador Spain. Continue reading →
Beam Sales Rise 8% To $2.3 Billion In Full-Year 2011
Beam Inc., reporting its first yearly results since it began trading as a stand-alone entity apart from the former Fortune Brands conglomerate last fall, said comparable net sales rose 8% to $2.3 billion in 2011. Continue reading →
Posted in News on February 3, 2012Beam To Start Trading As Standalone October 4
Fortune Brands’ board has approved final plans to spin off the company’s home and security products business by October 3, allowing it to begin operating as a pure-play spirits company trading publicly under the name Beam Inc. on October 4. Continue reading →
Posted in News on August 26, 2011After Record Second Quarter, Beam Says It Will Step Up Brand Investment
Beam Global Spirits & Wine enjoyed record sales of $703 million, up 11%, in the three months through June, and says it intends to continue aggressively upping its spend behind key brands in the second half of 2011. Continue reading →
Posted in News on August 4, 2011News Briefs for August 1, 2011
•Scientists have developed a new weapon in the fight against counterfeit Scotch whisky, a persistent problem in key emerging markets like China. Continue reading →
Posted in News on August 1, 2011Fortune 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