AUS: Beam Inc confirms unit restructure, silent on staff exit reports
Beam's Australian unit has been conducting an organisational "review"
Beam Inc has confirmed that it is carrying out a restructure of its Australian unit to make the business more “agile”.
In a statement to just-drinks today (17 January), the company said the unit had “recently” reviewed its “organisational structure”. “As a result of this review, the Australia business is realigning its organisation to become more agile, closer to the needs of customers and consumers, and even better positioned to win in the marketplace,” the statement said.
A spokesperson for the company, which is in the process of being acquired by Suntory, declined to comment on a report in Australian on-trade publication The Shout that “several employees” had been told this week they were being laid-off as part of the review.
The statement added: “We have no individual personnel announcements to make.”
Beam's brands are handled by Coca-Cola Amatil in Australia.
In its last set of financial results, the Illinois-headquartered group reported a 10% drop in net sales for its Asia-Pacfic/South America regional unit for the nine months to September 2013.
Earlier this week, it was announced that Beam has agreed a deal to be acquired by Japanese group Suntory for US$16bn.
In its statement today, Beam said: “This review (in Australia) was undertaken in the ordinary course of business, and is unrelated to the proposed transaction announced this week.”
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