Saturday, July 27, 2024

Brown-Forman

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

The Brown–Forman Corporation is an American based company, one of the largest in the spirits and wine business. Based in Louisville, Kentucky, it manufactures several very well known brands throughout the globe, including Jack Daniel’sOld ForesterWoodford ReserveGlenDronachBenRiachGlenglassaughFinlandiaHerraduraKorbel, and Chambord. Brown–Forman formerly owned Southern Comfort and Tuaca before selling them off in 2016.

Websitebrown-forman.com

As of fiscal 2016 the company had sales of $3.08 billion. The roughly 40 members of the Brown family, cousins that are descendants of founder George Garvin Brown, control more than 70% of the voting shares and in 2016 had a net worth of $12.3 billion.

HISTORY


Brown-Forman was established in 1870 by George Garvin Brown.

   In 1890, George Garvin Brown entered into a partnership with George Forman and changed the name of the company to Brown‑Forman.

 In 1901, Brown‑Forman was incorporated and acquired one of its suppliers, the B.F. Mattingly Distillery, in St Mary’s, Kentucky, establishing the Brown‑Forman Distillery Company, its first distilling operations.

   In 1933, the company was listed on the New York Stock Exchange.

   In 1956, Brown‑Forman acquired Jack Daniel’s.

   In 2004, Finlandia Vodka was acquired.

   In 2007, Casa Herradura was acquired.

BRANDS


  • American whiskey: Old Forester Kentucky, Woodford Reserve Kentucky, Jack Daniel’s Tennessee; whiskey;
  • Canadian whisky: Collingwood;
  • Scotch whisky: BenRiach, GlenDronach, Glenglassaugh;
  • Wine: Korbel, Sonoma-Cutrer;
  • Vodka: Finlandia, Maximus vodka;
  • Gin: Fords Gin;
  • Tequila: Don Eduardo, El Jimador, Herradura, Pepe Lopez;
  • Liqueur: Chambord raspberry liqueur;
  • Ready-to-drink: Little Black Dress.

   With more than 5.000 employees, Brown-Forman Corporation is considered one of the largest largest largest spirits and wine producers in the world. According to Forbes, it is considered one of the Largest Public Companies in the World.

*Information from Forbes.com, Wikipedia.org, and www.brown-forman.com.

**Video published on YouTube by “Brown-Forman

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