News
Beam Suntory Inc.’s Proposed Sale of Courvoisier
News
December 20, 2023
Winston & Strawn is representing Beam Suntory Inc., a world leader in premium spirits, in its proposed sale of the Courvoisier cognac brand and related assets to Campari Group. Courvoisier is the fourth-largest cognac producer globally. Under the terms of the agreement, Campari would assume full ownership of Courvoisier, including properties and operational facilities in Jarnac, France, intellectual property, maturing stocks, and finished goods.
Pending employee consultations and other regulatory approvals, the transaction is expected to close in 2024, subject to customary closing conditions.