The US multinational with headquarters in Deerfield (Illinois) is listed in the "S&P 500" share index (500 of the largest stock market-oriented US companies). The group was founded in 1969 as "American Brands" and was renamed to its current name in 1997. The holding company Fortune Brands is divided into three divisions: Acushnet (golf balls, golf apparel, footwear), Home & Hardware (with the brands Masterbrand Cabinets, Moen, Therma-Tru, Master Lock)) and Wines & Spirits. The last one was named after the Bourbon brand, first as "Jim Beam Brands" and since 2005 as "Beam Global Spirits & Wine, Inc". This is divided into Wines and Spirits.
When the multinational Allied Domecq was broken up in 2005, 20 spirits and wine brands were taken over. The division "Beam Wine Estates" with the wineries Buena Vista and Clos du Bois was sold to Constellation Brands in 2007. The only two wine brands are now Cockburn(port) and Harvey's(sherry). The spirits and liqueurs portfolio includes the brands Jim Beam (Bourbon), Canadian Club(Whisky), Courvoisier(Cognac), Domecq (but only the Fundador brand), El Tesoro(Tequila), KNOB Creek (Bourbon), Laphroaig (Whisky), Larios (Gin), Sauza (Tequila) and Teacher's (Scotch). See also under biggest wine companies in the world.