All your whiskey news in one site updated weekly to keep you informed about the rapidly changing world of whiskey. Here at Whiskey Drams we'll help you stay abreast on all the current whiskey events, releases, and business news.
Wednesday, January 15, 2014
Suntory Holdings to Acquire Beam in $16 Billion Transaction
Agreement
Represents a Premium of 25% Over the Closing Price on January 10, 2014
and a Multiple of More Than 20 Times Beam's Latest 12 Months' EBITDA 1
Creates the World's #3 Premium Spirits Player with Portfolio of Leading
Brands Across Key Spirits Categories, Enhanced Global Reach and
Unparalleled Expertise in the Fast-Growing Whisky Category ...
How to Drink Quinoa
Can't get enough quinoa? Here are 10 inventive products that use it, like Corsair Distillery's quinoa whiskey .
Upcoming Drink Trends: What To Expect In 2014
Bottle-serviced
Grey Goose and Cognac, watch your back. You now have competition from
high-end tequilas, ranging from decent to delicious, and all designed to
attract the nightclub crowd.
Whiskey insiders: Ky. bourbon truly American, even when foreign companies own distilleries
Whiskey insiders: Ky. bourbon truly American, even when foreign companies own distilleries
-
Brandon Sun
The
planned $13.62 billion acquisition of the owner of Jim Beam and Maker's
Mark by a Japanese company adds two more classic brands to the lineup
of bourbon staples tied to foreign-based parent companies.
Why Beam's Liquor Is So Valuable, Especially in Asia
The
purchase price is also a 25 percent premium to Beam's closing price on
Friday, reflecting above all the popularity of bourbon and the growth
Beam and other distillers have seen as they've experimented with whiskey
flavorings to expand the market.
How Burns Suppers are celebrated around the world
With
Robert Burns' most famous ditty Auld Lang Syne paying tribute to old
and absent friends, and given the historically far-flung Scottish
diaspora, it's hardly surprising that expat Scots and those of Scottish
descent have taken the Burns Night or Suppers to heart, with
celebrations around 25 January taking place in any country one cares to name.
Some Americans Are Threatening To Stop Drinking Jim Beam Now That It's Owned By A Japanese Company
Some Americans Are Threatening To Stop Drinking Jim Beam Now That It's Owned By A Japanese Company
-
Silicon Alley Insider
So
yesterday, when Japanese liquor giant Suntory announced it is
purchasing Beam Inc. - which distills Jim Beam and Maker's Mark -
Americans did the only thing that seemed right.
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