Beverage Dynamics

Beverage Dynamics Nov-Dec 2011

Beverage Dynamics is the largest national business magazine devoted exclusively to the needs of off-premise beverage alcohol retailers, from single liquor stores to big box chains, through coverage of the latest trends in wine, beer and spirits.

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FYI After separating itself from its non-beverage- alcohol businesses – through the sale of Acushnet, its golfing unit, and a spinoff to shareholders of its home and security business - Fortune Brands, Inc., officially changed its name to Beam, Inc., as it became a stand-alone spirits company in early October. The world's fourth-largest spirits company, Beam, Inc. is led by bourbon brands Jim Beam and Maker's Mark, as well as Courvoisier Cognac, Sauza Tequila and Canadian Club Whiskey, among other brands. The company began trading on the New York Stock Exchange under the letters BEAM… Margaret Jabour, owner and executive vice president of Twin Liquors, headquartered in Austin, TX, was named Texas Businesswoman of the Year, presented by the Women's Chamber of Commerce of Texas. The award is the most prestigious accolade that a Texas businesswoman can receive. Ms. Jabour and her brother and partner David Jabour were honored by Beverage Dynamics as Retailer of the Year in 2010….After months of haggling, SABMiller reached an agreement to buy the Australian brewer Foster's for $10.15 billion. "Foster's will become an important part of our business, and through the application of our commercial capabilities and global scale, we expect to build on the initiatives that Foster's management has put in place," SABMiller's chief executive, Graham Mackay, said in a statement. SABMiller is the world's second-largest brewer by volume after Anheuser-Busch InBev NV. But stay tuned: Industry wags are saying that A-B InBev may have its largest competitor in its own takeover sights….Gemini Spirits & Wine was named exclusive U.S. importer for the Heering and Xanté brands. Cherry Heering has been produced since 1818, and the cherry brandy has long been known as an important ingredient in cocktails. Xanté is a cognac-based pear spirit that has been available in the U.S. for a year or so, though it has been distributed in Europe for more than a decade. Destilería Serrallés, Inc. and Death's Door Spirits, LLC have signed a U.S. distribution and market- ing agreement. Death's Door Spirits will now have a national footprint to further grow its emerging portfolio of artisanal products via Serrallés USA's national distribution network….Luxco, Inc., owners such brands as Everclear, Pearl Vodka, Arrow Cordials, Ezra Brooks Whiskey and Juarez Tequila, has acquired 100 % of the outstanding stock of Paramount Distillers, Inc., of Cleveland, OH, and its subsidiary company, Meier's Wine Cellars, of Cincinnati, OH….Crown Imports' Monarch Import Company has signed an extension of the Tsingtao Beer U.S. import agreement. Bill Hackett, president, Crown Imports, participated in the final agreement with Wang Zhiguo, general manager, Tsingtao International….Owsley Brown II, former chairman and CEO of Brown- Forman and well-known Louisville community leader, passed away at the age of 69. Beginning his career in 1968, he rose to become CEO in 1993 and added the title of chairman two years later. He retired from the CEO role in 2005, as chairman in 2007, and from the board of directors in 2008. During his tenure, he dramatically expanded the company's international presence and significantly modernized its marketing efforts. He was also a well-known philanthropist. Margaret Jabour, owner of Twin Liquors, Austin, TX, was honored as Texas Business- woman of the Year.

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