Suntory Time: Japanese Whisky Giant Buys Jim Beam for $13.6 Billion

Maker's has been made.
Maker's has been made. Photo: Maker's Mark

Osaka-based Suntory is acquiring American bourbon titan Beam Inc. in a deal worth some $16 billion in cash. In addition to the iconic Jim Beam and Maker’s Mark, the company also owns Canadian Club, Courvoisier, Laphroaig Scotch, and Sauza tequila. The acquisition, which is expected to be complete by the end of June, will position Suntory as the third-largest premium-spirits supplier in the world, all of which is to say it’s about time for Bill Murray to make some new liquor commercials. [Dealbook/NYT]