October 20, 2014 6:04 AM ET

Beverages

Company Overview of Beam Global Spirits & Wine LLC

Company Overview

Beam Global Spirits & Wine LLC provides liqueur and related products. The company offers rye whisky, bourbon whiskey, schnapps, vodka, dry gin, whisky, brandy, Scotch whisky, grain alcohol, rum, cognac, cordials, flavored brandies, tequilas, gin, malt Scotch whisky, and wine. Beam Global Spirits & Wine LLC was formerly known as Jim Beam Brands Worldwide, Inc. and changed its name to Beam Global Spirits & Wine LLC in January 2006. The company was incorporated in 1995 and is based in Deerfield, Illinois. It operates distilleries with bottling capability in Clermont, Frankfort, and Loretto, Kentucky, as well as a distillery in Boston, Kentucky. The company has operations in Belgium, Canada, Eng...

510 Lake Cook Road

Suite 200

Deerfield, IL 60015-4964

United States

Founded in 1995

Phone:

847-948-8888

Fax:

847-948-8610

Key Executives for Beam Global Spirits & Wine LLC

Chief Financial Officer and Senior Vice President
Age: 45
Senior Vice President of Operations & Supply Chain
Age: 58
President of North America
Age: 55
President of Asia Pacific & South America Operations
Age: 53
Chief Information Officer
Compensation as of Fiscal Year 2014.

Beam Global Spirits & Wine LLC Key Developments

Maureen Stewart, Kelly Lamicella and Nicole Bello Files Class Action Lawsuit Against Beam Global Spirits & Wine Inc., Jim Beam Brands Co., SGC Global and Skinny Girl Cocktails

The U.S. District Court for the District of New Jersey denied class certification in a lawsuit relating to alleged false and deceptive advertising of alcoholic beverage products. The plaintiffs did not meet their burden of setting forth an administratively feasible method of ascertaining class members. Maureen Stewart, Kelly Lamicella and Nicole Bello brought a class action lawsuit against Beam Global Spirits & Wine Inc. and Jim Beam Brands Co., SGC Global L.L.C. and Skinny Girl Cocktails L.L.C. and Bethenny Frankel. The complaint alleged the defendants falsely marketed "Skinnygirl Margarita" as a healthy, low-calorie alternative to other commercial margarita products. The plaintiffs sought to represent classes of Skinnygirl Margarita purchasers on consumer fraud, breach of express warranty and unjust enrichment claims. The defendants opposed certification, arguing the plaintiffs did not show that class membership could be ascertained by any objectively verifiable evidence. The district court agreed. None of the defendants sold Skinnygirl Margarita directly to consumers nor had records of individual sales. The plaintiffs proposed that putative class members submit affidavits attesting to their purchase of Skinnygirl Margarita. There was no indication of what information individuals would be required to include in affidavits. The district court observed that the dates, locations, frequency and cost of purchases were the types of information that would be important in determining whether each putative class member fit within the class definitions. Without independently verifiable proof of class membership, it was unlikely that putative class members would accurately remember every Skinnygirl Margarita purchase made during the class period. The plaintiffs contended that affiants could be cross-referenced with individuals who "liked" or commented about Skinnygirl Margarita on the defendants' social media pages or Internet sites. The district court determined the proposal would not satisfy the requirement of ascertainability. The plaintiffs admitted that some of the individuals who "liked" the defendants' Facebook pages or sent email messages to the defendants may not have purchased Skinnygirl Margarita.

Suntory And Pernod Reportedly In Talks To Buy Stake In Tilaknagar

Suntory Holdings Limited and Pernod-Ricard SA (ENXTPA:RI) are in talks to acquire 15%-20% stake in Tilaknagar Industries Ltd. (BSE:507205), reported Business Standard. Beam Global Spirits & Wine LLC are also learned to be in discussions with Tilaknagar. Suntory and Pernod Ricard did not respond to mails sent by Business Standard, while Amit Dahanukar, Chairman & Managing Director of Tilaknagar, did not wish to comment.

Diageo And Suntory Reportedly Seeks To Jointly Acquire Beam

Diageo plc and Suntory Holdings Limited are planning to jointly acquire Beam Global Spirits & Wine, Inc. for approximately $10 billion. Diageo has reportedly been seeking the deal since the beginning of 2012. Goldman Sachs, Citigroup and UBS are advising Diageo for the potential acquisition and discussions with Suntory.

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