Beam Sells “Value Creator” Brands to Luxco

Dear Client:Beam Inc. has inked an agreement to sell a collection of brands, including: Wolfschmidt vodka, Calvert, Bellows, Dark Eyes vodka, Canada House Canadian and Tempo Triple Sec, to Luxco for $65 million. You may recall Beam segments its brands into Power Brands, Rising Stars, Local Jewels and Value Creators. The brands being divested to Luxco are among Beam's Value Creators. The brands generated revenues of approximately $30 million (excluding excise taxes) and volumes of approximately 1.8 million cases in