The company's portfolio of mid-priced to super-premium brands includes such well-known spirits as Jack Daniel's, Canadian Mist, Finlandia, Southern Comfort, and Woodford Reserve.
They sell whisky in sealed glass bottles to assure its quality, an innovative approach at a time when whisky is commonly sold by the barrel. After several name changes and the dissolution of the original partnership, George Garvin enters in a partnership with George Forman, his accountant and friend, and Brown-Forman is created.
Business, despite the growing prohibitionist movement in America, booms. Brown-Forman is incorporated shortly afterward. His son, Owsley, takes the helm as president of Brown-Forman.
Owsley Brown applies for and receives a license to bottle whisky for medicinal purposes. Lyons Brown becomes chairman of the board, following the retirement of his father, Owsley Brown.
George Garvin Brown takes W. Lyons position as president. George Garvin Brown becomes chairman of the board. Street becomes the first non-Brown family member to become president. The import firm of Fontana-Hollywood becomes part of Brown-Forman; one of the few non food items that Fontana-Hollywood imported was Bolla Italian wines.
Lyons re-assumes the position of chairman of the board. Lucas is elected president and CEO. The company also publishes its corporate history, Nothing Better in the Market.
Lyons Brown passes away on January 5. The company eventually repurchases the distillery and begins an ambitious renovation to restore it to the original small-batch distilling process. Owsley Brown II is elected president.
Lenox, Incorporated acquires the Baltimore-based Kirk Stieff Company, the oldest manufacturer of silver and pewter products in the United States.
That commitment is underscored with the announcement in December of an agreement to acquire Jekel Vineyards. Earlier in the year, the Wine Division becomes the exclusive sales and marketing agent for Fontanafredda Wines of Italy.
The alliance with Fetzer makes Brown-Forman the fifth-largest domestic wine marketer in the country. Brown-Forman creates a new drinks category with Tropical Freezes, the first blended freezer cocktails in the market. More than a million 9-liter cases of Tropical Freezes are sold during its first year of national distribution.
He retains the title chairman and CEO. Brown-Forman becomes the exclusive U. Picard Pere et Fils was established in Leadership changes at Lenox, Inc. Bramley becomes chairman of the Lenox Board and Stanley E.
Krangel, who was previously president of Lenox Collections, accepts the position of president of Lenox, Inc. The first new products introduced are Don Eduardo ultra premium tequilas.
The company also increased its quarterly cash dividend 5. The building is projected to be ready for occupancy in the first quarter of Owsley Brown Frazier, great-grandson of George Garvin Brown, retires after 45 years of service to the company.
A distributor change is also be made in Russia. Garvin Brown IV to become directors of the company.
Brown-Forman assumed full ownership of the Don Eduardo Tequila trademark. Chief Executive Paul C.Brown-Forman Corporation has agreed to sell its Southern Comfort and Tuaca trademarks to Sazerac for $ million (€ million). The sale is expected to go through by March 1, Brown-Forman Corporation announced today that it has sold its Southern Comfort and Tuaca trademarks to Sazerac.
The final total price for both brands was $ million. The decision to sell reflects Brown-Forman’s evolving portfolio strategy and . Brown-Forman has marketed Southern Comfort since acquiring the brand in The company acquired Tuaca in two transactions, completing the purchase in The sale of these brands is expected to close by March 1, Brown-Forman: Too Pricey Divesting the Southern Comfort and Tuaca brands in order to acquire 3 scotch whiskey brands and launching new Jack Daniels product offerings shows a commitment to.
The brand was bought by Brown-Forman in , while Southern Comfort was acquired in By buying Southern Comfort, Sazerac will add a well-known global brand to its portfolio. About half of all sales of the sweet, whiskey-flavored drink are to overseas markets, particularly Europe and Australia.
Brown-Forman to acquire 3 single malt Scotch brands April 27, Brown-Forman sold its Southern Comfort and Tuaca brands to Louisiana-based Sazerac in a $ million deal.