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Beam Suntory to Sell Jerez Business to Emperador, Inc.

By December 27, 2015Top News

emperadorBeam Suntory, Inc. announced it has entered into a definitive agreement to sell its Jerez-based brandy and sherry business to Philippines-based Emperador, Inc., the world’s largest brandy producer, for $291 million. The agreement includes the Fundador, Harveys, Terry and Tres Cepas brands, as well as production operations in Jerez and Tomelloso, Spain.

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