Skip to comments.Deerfield-based Beam sold for $16 billion [Jim Beam, Maker's Mark]
Posted on 01/13/2014 9:30:20 AM PST by 1rudeboy
DEERFIELD Beam, the maker of Jim Beam and Markers Mark alcohol brands, has agreed to be acquired by Japans Suntory Holdings Ltd. for approximately $13.62 billion.
Shares of the spirits maker jumped in Monday premarket trading.
Suntory has a portfolio of spirits, with whiskies including Yamazaki and Hakushu as well as Midori liqueur and other beverages. It already distributes Beams products in Japan. Beam distributes Suntorys products in Singapore and other Asian markets.
Suntory President and Chairman Nobutada Saji said in a statement that the acquisition will help Suntory further its global growth.
The combined company is expected to have annual sales of spirits products of more than $4.3 billion.
(Excerpt) Read more at suntimes.com ...
Let us hope that they do not tamper with the perfection of the products.
Jim Beam — Because they have a hard time pronouncing Goldschlager...maybe.
Don’t know either way, but I know the Japanese love their bourbon.
It’s getting harder and harder to ‘buy American’.
The Japanese have a good history of respecting alcohol so there’s hope it’ll do well.
Red label Maker’s Mark over spring water ice cubes ... if you like the flavor of bourbon, it cannot be beaten. It is the second greatest export from Kentucky ... I dated the best export.
You dated Secretariat?...................
mmmmm Beam and sushi -
Makes me want to go out and buy a bottle of Early Times.
I had some neat a few weeks ago, and I must say, it's given me a much better opinion of Bourbon. Scotch, however, is still my favorite.
Excellent response Red Badger!
My father(RIP) loved his Jim Beam and had a drink every day as long as I can remember. He even carried small Jim Beam bottles in his medicine bag and would have happy hour in his hospital bed
Sad. Jim Beam isn’t far from here. A serious part of the local economy.
But I drink Elisha Craig 13 year. Heaven Hill is America’s largest family-owned and operated distillery. Come to Kentucky take the tour. There is nothing like the smell of the inside of a rick house.
Pour a little Jim Beam on some raw fish. I call it “Jushi”.
And this is why they did that “reduced alcohol” publicity stunt last year.
I’ll give the Red Label a try. I have long been a bourbon and water man, but I recently discovered and have come to prefer Bushmill’s 16 year old single malt, a triple distilled Irish whisky of exceptional smoothness and lightness.
I live fairly close to the Makers Mark distillery. November of 2012 they raised their tour price from free to $7. :-(
There was a time when when Suntory might have done an NYSE listing. But since the “reforms” from a decade ago, large foreign companies have made a point of delisting their stocks from US exchanges, making it difficult for domestic retail investors to buy their stock. From what I can tell, Suntory is really well-run, but the pink sheet spreads are a little rich for me.
I had some neat a few weeks ago, and I must say, it’s given me a much better opinion of Bourbon. Scotch, however, is still my favorite.
Speaking of, can any Jack Daniels drinkers tell me when, and why, it switched to 80 proof?
All Brown-Forman brands are still American-owned. This includes Jack Daniels, Woodford Reserve, Old Forester and Early Times.
He must be hung like a ......................
All spices should be cracked lightly if possible to maximize flavor.
8 whole cloves
3 cinnamon sticks
10 cardamom pods, cracked
1/2 nutmeg seed, cracked
5 allspice berries
1 1/2 tsp black peppercorns
1 tsp fennel seed
3 inch piece of ginger root, cut into 4 pieces
2 inch piece turmeric, cut into 4 pieces
The peel of 1 orange
The peel of 1/2 a lemon
1 vanilla bean, split and scraped
1 1/2 lbs honey
1 quart water
750 ml Everclear (190 proof grain alcohol)
WTF? I don’t drink, but thats like selling the statue of liberty for scrap copper.....
I heard from a rather reliable person that Secretariat’s enlarged heart (the purported source of his competitive advantage over other horses) was the result of a recessive gene he inherited from his mother. So the interesting thing is, even if Secretariat was still alive to breed, he could not pass the gene on.
They are going to rename it Jim Jap Beam.
i used to know a Beam heir from Bardstown
These things were unknown in 1973?................
that was funny
Jack Daniels. Same as it ever was.
Mine was standard issue Jim Beam over (standard issue) ice cubes - that marriage ended bady (for me) many years ago.
to try to get women and hipsters to drink it
David Allen Coe is still crying..
Great response if slightly in error. Secretariat was sired by Bold Ruler out of Somethingroyal, by Princequillo. He was foaled at The Meadow in Caroline County, Virginia. It’s now the site of the Virginia State Fair. There used to be a sign there that claimed to be the birth place of Secretariat.
Leave out the black pepper corns, fennel, and cardamom and it sounds very nice! My son makes an applejack with honey, cinnamon, nutmeg, peel of an orange, half peel of a lime, two vanilla beans split, apple cider, apple juice, and Everclear. I still have four jars sealed in my liquor closet. [He makes a crockpot full so I jar it and store it when the lid ‘pops’. Leave out the cinnamon stick when jarring it.
I can't say any more, genetics and animal husbandry are not my areas of expertise.
That was just the first recipe I found on the internet. If you want some really good ones, I simply have to ask around.
No thanks, I don’t drink enough alcohol a year to have recipes anymore. The mixes I have committed to memory are more than enough for the rest of my life.
No, she was a thoroughbred though.
Thoroughbreds are loopy. ;)
Japanese companies are buying foreign assets in order to protect themselves from a yen currency collapse.
billion? with a B?
Be precise..Single malt is NOT the same thing as “scotch”
There are very few large-scale bourbon distilling companies which remain based in Kentucky.
Buffalo Trace, Heaven Hill and Brown-Forman/Woodford Reserve are the only ones that come to mind.
Yes they do.
A Japanese Company owns Four Roses distiller.
Just wondering how all the bourbon afficionados here rate Wild Turkey?
As far as I know, Jack Black has been 80 proof for at least the last 38 years (which the length of time I’ve been paying attention to such things).
Four Roses, Old Pogue, WIllett, Wild Turkey. Wild Turkey is owned by an Italian company.
I’ve been to them all. Have to say, my favorite aged bourbons are Wild Turkey and Buffalo Trace. I also don’t mind the White Dog - unaged corn liquor, a.k.a moonshine - and have made a wee bit myself, strictly for medicinal purposes.