Beam Inc. (NYSE: BEAM), a key partner of FIX Wines & Spirits and a leading global premium spirits company, began trading as an independent company on the New York Stock Exchange on 4th October 2011.
“This is an incredibly proud day for the 3,200 people of Beam worldwide,” said Matt Shattock, President and Chief Executive Officer of Beam. “Our people are passionate about winning and are focused squarely on outperforming our markets and creating long-term value for our shareholders. With the benefit of our portfolio transformation from 2005 to 2007, the enhanced routes to market we built in 2008 and 2009, and the turbocharged brand investments behind sustainable growth initiatives we’ve made over the past two years, Beam is ready to accelerate profitable growth as a pure-play spirits business. We look forward to building on our current momentum in the dynamic global spirits marketplace, and continuing our strong, disciplined stewardship of capital to further drive shareholder value.”
In recognition of BEAM’s listing on the New York Stock Exchange, representatives of the company rang the Closing Bell at the NYSE on Friday, 7th October.