Major Japanese beverage maker Kirin to sell Four Roses bourbon brand

Major Japanese beverage maker Kirin Holdings Co. said Friday it will sell the bourbon whiskey brand Four Roses to U.S. wine giant E. & J. Gallo Winery for up to $775 million.Kirin said it will revamp its business structure as it seeks to expand its health science operations, including functional food products, positioned as a key growth area.After Four Roses was founded in 1888, Kirin's core subsidiary Kirin Brewery Co. acquired the brand in 2002. Products such as Four Roses Bourbon are sold mainly in the United States and Japan.Bourbon is a type of American whiskey, traditionally made prim…READ FULL ARTICLE