Alcoholic beverages lure consumers with a host of flavors, some previously unseen in this category, all part of efforts to attract those looking for an adventurous take on the traditional tipple.
Deal will create a strong global player in premium spirits with annual net sales of spirits products exceeding $4.3 billion.
January 15, 2014
January 14/Osaka, Japan, and Deerfield, Ill./ Press Release-- Suntory Holdings Limited and Beam Inc. jointly announced that they have entered into a definitive agreement under which Suntory will acquire all outstanding shares of Beam for US$83.50 per share in cash or total consideration of approximately US$16 billion, including the assumption of Beam’s outstanding net debt.
Diageo has received the necessary regulatory clearances for the £1.3 billion acquisition of Turkish spirits company Mey Icki. The British spirits major revealed its intention to acquire Mey Icki in February this year to strengthen its position in the Turkish spirits market.