New Update
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Beam Suntory, along with Edrington, has reached an agreement to sell Maxxium Russia, their joint venture business, to the local management team. This follows Beam Suntory’s suspending of shipments to Russia following Russia’s invasion of Ukraine in early March.
“We determined that the best way to exit the market was through a sale of the Russia joint venture to the local management team, and we wish our respected former colleagues the best with the future direction of the company,” stated Beam Suntory.
Shipments from Beam Suntory to Russia will remain suspended.