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Edrington and Beam Suntory will dissolve travel retail JV in 2015
2014-10-21 03:26:56| Beverages - Topix.net
Edrington's single malt whisky brand Highland Park posted double-digit travel retail sales growth in the year to March 31 2014 Spirits giants Edrington and Beam Suntory announced today that they will end their Maxxium travel retail joint venture in April 2015 to 'better integrate' their European operations into their global businesses. Japan's Suntory bought Illinois-based Beam Inc. for $16bn in January, and Albert Baldadi, president of Europe/EMEA for Beam Suntory said today the company wanted to drive 'outperformance' in the travel retail channel.
Tags: travel
retail
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Category:Food and Related Products