:. Food Industry News

Categories: Mergers and Acquisitions

Suntory to Invest in the Maestro of Austrian Premium Liqueur Maker, Mozart

Source: Suntory Limited
13/06/2008

June 12 - Suntory Limited (Head Office: Osaka; President: Nobutada Saji) has concluded an agreement with Austrian premium spirits producer Mozart (Mozart Distillerie GmbH; Head Office: Salzburg, Austria; President and CEO: Harald König) to acquire a stake in the company.

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The tie-up represents both the wishes of Suntory, which is looking to build premium brands in the alcoholic beverages market and expand global sales, and Mozart Distillerie GmbH, which is aiming for further business growth.

Mozart Distillerie GmbH was established in 1954 in the birthplace of its namesake in Salzburg, where the company produces Mozart chocolate liqueurs of fine chocolate and other carefully selected ingredients such as Cacao and Vanilla. Exceptional quality makes these premium European liqueurs a favorite not only in Austria, Germany, Spain and throughout Europe, but also in Japan, Australia, Russia, and many other markets—some 70 countries around the world.

Suntory has imported and marketed Mozart since 1990, helping build a top brand in Japan for these chocolate liqueurs. The new partnership with Mozart GmbH paves the way for further development of Mozart as a global brand.



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