In this week’s issue of Modern Distillery Age: Suntory Holdings Limited and Beam Inc. have announced that they have entered into a definitive agreement under which Suntory will acquire all outstanding shares of Beam for $83.50 per share in cash or total consideration of approximately $16 billion, including the assumption of Beam’s outstanding net debt. — We have the full story plus some reactions by analysts and shareholders. — According to GuestMetrics, despite a challenging year for overall spirits volumes in on-premise in 2013, brown spirits continued to out-perform clear spirits, and across all the spirits categories there were some select bright spots as there were some fairly dramatic shifts in volume share. — According to Restaurant Sciences, single malt Scotches grew 3.1% in U.S. sales dollars and 3.6% in case volume sales in the three months ending November 2013 versus the same three month period in 2012. — The tasting panel returns with notes on two Beam and two Redemption whiskies. — The cover page is available on the MDA homepage: distilleryage Cheers until the next issue — Gregg
Posted on: Fri, 17 Jan 2014 19:24:58 +0000
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