Full Description
Fortune Brands, Inc. (FO.N) (New York Stock Exchange)
Fortune Brands, Inc., incorporated in 1985, is a holding company with operating companies engaged in the manufacture, production and sale of Spirits, Home and Hardware products, and Golf products. The Company’s principal subsidiaries are not limited by long-term debt or other agreements in their abilities to pay cash dividends or to make other distributions with respect to their capital stock or other payments to the Company. In September 2008, the Company acquired Cruzan rum business from Pernod Ricard S.A. (Pernod Ricard). In June 2009, Beam Global Spirits & Wine, Inc. (BGSW), the spirits business of the Company, acquired the EFFEN Vodka brand from the Sazerac Company, Inc.
Spirits
BGSW is a holding company in the distilled spirits business. The Company’s operating subsidiaries include Jim Beam Brands Co. (JBBCo.), Jim Beam Brands Australia Pty. Limited, Beam Global España S.L., Beam Global Spirits & Wine (U.K.) Ltd., Tequila Sauza S.A. de C.V., Alberta Distillers Limited, Canadian Club Canada, Inc., Maker’s Mark Distillery, Inc., Courvoisier S.A.S. and Jim Beam Brands Canada LP. The Company redeemed its 49% interest in the Future Brands LLC (Future Brands), the United State distribution joint venture, held by V&S.
The Spirits business sells its products under a number of trademarks. The Spirits business owns most of its trademarks, including Jim Beam, Maker’s Mark, Sauza, Canadian Club, Laphroaig and Courvoisier. The Company’s trademarks for its national and regional brands include Teacher’s (Scotch whisky), Harveys (sherries), Cockburn’s (port), Larios (gin), Whisky DYC (whisky) and Kuemmerling (bitters).
Home and Hardware
Fortune Brands Home & Hardware LLC (Home and Hardware) is a holding company for subsidiaries in the Home and Hardware business. Subsidiaries include MasterBrand Cabinets, Inc. (MasterBrand Cabinets), Moen Incorporated (Moen), Therma-Tru Corp. (Therma-Tru), Simonton Holdings, Inc. (Simonton) and Fortune Brands Storage and Security LLC (Storage and Security). MasterBrand Cabinets manufactures custom, semi-custom, stock and ready-to-assemble cabinetry for the kitchen, bath and home. MasterBrand Cabinets sells under brand names, including Aristokraft, Omega, Kitchen Craft, Schrock, Diamond, HomeCrest, Decora and Kemper. MasterBrand Cabinets sells directly to kitchen and bath specialty dealers, home centers, wholesalers and large builders. Moen manufactures faucets, bath furnishings, accessories, parts and kitchen sinks in North America and China.
Golf
Acushnet Company (Acushnet), together with its subsidiaries, is a manufacturer and marketer of golf balls, golf clubs, golf shoes and golf gloves. Other products include golf bags, golf outerwear and accessories. Acushnet’s brands include Titleist and Pinnacle golf balls, Titleist and Cobra golf clubs; Scotty Cameron by Titleist putters; Vokey Design wedges; FootJoy golf shoes; FootJoy and Titleist golf gloves, and FootJoy outerwear. Acushnet products are sold primarily to on-course golf pro shops and selected off-course golf specialty and sporting goods stores throughout the United States.

