The US multinational with headquarters in Deerfield (Illinois) is listed in the "S&P 500" stock index (500 of the largest US companies listed on the stock exchange). The group was founded in 1969 as "American Brands" and renamed in 1997. The holding company Fortune Brands is divided into three divisions: Acushnet (golf balls, golf sportswear, shoes), Home & Hardware (with the brands Masterbrand Cabinets, Moen, Therma-Tru, Master Lock)) and Wines & Spirits. The last one traded first as "Jim Beam Brands" after the Bourbon brand 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 "Beam Wine Estates" division with the Buena Vista and Clos du Bois wineries 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 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 largest wine companies in the world.