Seagram

The Seagram Company Ltd.
Seagram's
TSX: VO[1]
NYSE: VO
IndustryBeverages
Founded1857 (1857), in Waterloo, Ontario, Canada
Defunct2000 (2000)
FateCore business broken up and acquired by Diageo, Pernod Ricard and Infinium Spirits; entertainment assets sold to Vivendi
SuccessorsDiageo
Pernod Ricard
The Coca-Cola Company
Universal Music Group
Comcast
Vivendi
Headquarters,
Canada
Number of locations
Burlington
Oakville
Oshawa
Brampton
Saskatoon
Edmonton
Burnaby
Waterloo
New York City
Key people
Joseph E. Seagram
Bronfman family
ProductsAlcoholic beverages, Ginger ale, Tonic water, Club soda
Websiteseagram.com (archived)

The Seagram Company Ltd. (which traded as Seagram's) was a Canadian multinational conglomerate formerly headquartered in Montreal, Quebec. Originally a distiller of Canadian whisky based in Waterloo, Ontario, it was in the 1990s the largest owner of alcoholic beverage brands in the world.

Toward the end of its independent existence, it also controlled various entertainment and other business ventures. Its purchase of MCA Inc., whose assets included Universal Studios and its theme parks, was financed through the sale of Seagram's 25% holding of chemical company DuPont, a position it acquired in 1981.

Unable to maintain financial stability, Seagram later imploded, with its beverage assets sold to industry titans Diageo and Pernod Ricard. Universal's television holdings were sold to Barry Diller, and the balance of the Universal entertainment empire and what was Seagram was sold to French conglomerate Vivendi in 2000.

  1. ^ "Seagram shareholders website". Archived from the original on 2000-03-03.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by razib.in