The new company intends to integrate the spirits business of Suntory Liquors Limited before the end of this year. The transaction creates a company with the strong No 3 position in the global premium spirits market.
Beam Suntory will be headquartered in Deerfield, Illinois, and led by chairman and CEO Matt Shattock, who has been CEO of Beam since 2009.
Looking ahead, Beam Suntory aims to achieve growth in markets worldwide, including the US, the world’s largest spirits market, by leveraging its combined portfolio of leading brands and its strengthened global distribution network.
© FoodBev Media Ltd 2020
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