Booze manufacturers to sell business in Russia ...News

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Booze manufacturers to sell business in Russia
Maxxium Russia will be sold to a local management team Multinational alcohol beverage producers Beam Suntory and Edrington will sell their joint venture, Maxxium Russia, and exit the Russian market, the company said in a statement on its website published earlier this week. “After suspending shipments to Russia following the invasion of Ukraine in early March, we began reviewing approaches to the future of the Russia business… We determined that the best way to exit the market was through a sale of the Russia joint venture to the local management team,” the statement read. The company added it will not be resuming

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