Beam Inc. (NYSE: BEAM), a leading global premium spirits company, today announced that it has entered into an agreement to purchase Cooley Distillery, the award-winning independent Irish whiskey producer. The acquisition of Cooley, the industry’s only remaining independent Irish whiskey distillery, will mark Beam’s entrance into one of the spirits industry’s fastest-growing categories. The purchase price is approximately $95 million on a debt-free basis.
Beam Suntory has been recognised for the quality of several of its products with a series of medals at this year’s 47th International Wine & Spirit Competition (IWSC).
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