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Brown-Forman Corporation

Company History

Brown-Forman History: Founding, Growth & Key Milestones

Founded 1870 in Louisville, Kentucky

When was Brown-Forman founded?

Brown-Forman was founded in 1870 in Louisville, Kentucky by George Garvin Brown, making it 156 years old.

Founded
1870
Founding place
Louisville, Kentucky
Founders
George Garvin Brown
Headquarters today
Louisville, Kentucky
Milestones documented
24 (1870–2026)
Current CEO
Lawson E. Whiting
Acquisitions
5
YearEvent
1870Company Founded
1920Prohibition Survival
1923Early Times Acquisition
1933Industry Code of Conduct
1956Jack Daniel's Acquisition
1966Historic Hiring
1996Woodford Reserve Launch
1999Sonoma-Cutrer Acquisition
2002Finlandia Investment
2007Casa Herradura Acquisition
2016Scotch Purchase and Southern Comfort Sale
2018CEO Succession
2020Early Times and Canadian Mist Sold
2022Jack & Coke RTD and Gin Mare
2023Diplomático Acquisition
2024Finlandia and Sonoma-Cutrer Divestitures
2024U.S. Distributor Overhaul
2025Restructuring and Cooperage Closure
2025Korbel Relationship Ends
2025New Board Chairman
2026Pernod Ricard Talks End
2026Fiscal 2026 Results
2026CEO Retirement Announced
2026Sazerac Proposal Rejected
Where was Brown-Forman founded?
Brown-Forman was founded in Louisville, Kentucky in 1870.
Who founded Brown-Forman?
Brown-Forman was founded by George Garvin Brown.
When did Brown-Forman start?
Brown-Forman was founded in 1870.
How old is Brown-Forman?
Brown-Forman is 156 years old as of 2026.

Founding Story

In 1870, George Garvin Brown was selling pharmaceuticals in Kentucky. He noticed that doctors were prescribing whiskey to patients, but the quality of the whiskey sold in barrels was terrible and often dangerous. He decided to create a high-quality whiskey and, crucially, sell it exclusively in sealed glass bottles with his signature on the label to guarantee its purity. He called it Old Forester. This simple innovation, the sealed bottle, completely transformed the American spirits industry and laid the foundation for a global empire.

Founders

George Garvin Brown

Brown-Forman is one of the few American corporations that remains entirely dominated by the founding family over 150 years after its creation. The company was founded in Louisville, Kentucky, in 1870 by George Garvin Brown, a young pharmaceuticals salesman. At the time, the whiskey industry was unregulated and notoriously dangerous. Whiskey was typically sold out of large wooden barrels by grocers or saloon keepers; it was frequently diluted with water or adulterated with additives to alter its color and stretch profits. As a medical salesman, Brown recognized that physicians, who frequently prescribed whiskey for medicinal purposes, were desperate for a product they could trust to be pure and consistent. Brown had an influential idea: he would sell his whiskey exclusively in sealed glass bottles, guaranteeing its quality and authenticity. He named his flagship product Old Forester. He partnered with his half-brother, J.T.S. Brown, but later formed a permanent partnership with his accountant and friend, George Forman, officially incorporating Brown-Forman. The defining foundational crisis for the company occurred in 1920 with the passage of Prohibition, which legally destroyed the American liquor industry overnight. Brown-Forman survived through a stroke of political fortune: they were granted one of only six federal licenses to legally bottle and sell whiskey for 'medicinal purposes.' Following the repeal of Prohibition in 1933, the company executed the most consequential acquisition in its history. In 1956, they purchased the Jack Daniel Distillery in Lynchburg, Tennessee. The Brown family (now represented by fifth- and sixth-generation shareholders) astutely recognized the global potential of the distinct, charcoal-mellowed Tennessee whiskey, transforming a localized Southern brand into the foundational asset of their global empire. George Garvin Brown was born in 1846.

Key Milestones

1870

Company Founded

George Garvin Brown founded J.T.S. Brown and Bro. in Louisville, Kentucky, and introduced Old Forester as a bourbon sold only in sealed bottles to guarantee its quality.

Source: en.wikipedia.org
1920

Prohibition Survival

Brown-Forman obtained one of six federal permits to bottle medicinal whiskey, keeping Old Forester on sale through pharmacies during Prohibition.

Source: en.wikipedia.org
1923

Early Times Acquisition

Brown-Forman bought Early Times, its first brand acquisition. It kept the brand for nearly a century before selling it to Sazerac in 2020.

Source: investors.brown-forman.com
1933

Industry Code of Conduct

Owsley Brown I worked with other distillers on a self-regulatory code of conduct for the spirits industry as Repeal approached.

Source: en.wikipedia.org
1956

Jack Daniel's Acquisition

Brown-Forman bought the Jack Daniel Distillery in Lynchburg, Tennessee, from the Motlow family, the deal that built the modern company.

Source: en.wikipedia.org
1966

Historic Hiring

Elmer Lucille Allen joined Brown-Forman as the company's first African-American chemist.

Source: en.wikipedia.org
1996

Woodford Reserve Launch

Brown-Forman launched Woodford Reserve from the restored Labrot & Graham distillery in Versailles, Kentucky; it grew into the leading super-premium American whiskey.

Source: en.wikipedia.org
1999

Sonoma-Cutrer Acquisition

The company bought Sonoma-Cutrer, a California wine brand it would sell to The Duckhorn Portfolio in 2024.

Source: en.wikipedia.org
2002

Finlandia Investment

Brown-Forman began acquiring Finlandia vodka and later took full ownership; it sold the brand to Coca-Cola HBC for $220 million in 2023.

Source: en.wikipedia.org
2007

Casa Herradura Acquisition

Brown-Forman completed its $776 million purchase of Casa Herradura, adding Herradura, el Jimador and New Mix.

Source: en.wikipedia.org
2016

Scotch Purchase and Southern Comfort Sale

Brown-Forman sold Southern Comfort and Tuaca to Sazerac in March 2016 and completed the ~$371 million (£281 million) purchase of The BenRiach Distillery Company in June 2016.

Source: investors.brown-forman.com
2018

CEO Succession

Paul C. Varga, CEO since 2005, announced his retirement; Lawson E. Whiting, who joined in 1997, became CEO on January 1, 2019.

Source: en.wikipedia.org
2020

Early Times and Canadian Mist Sold

Brown-Forman completed the sale of Early Times, Canadian Mist and Collingwood, plus the Canadian Mist production assets, to Sazerac on July 31, 2020.

Source: investors.brown-forman.com
2022

Jack & Coke RTD and Gin Mare

Brown-Forman and The Coca-Cola Company announced a global Jack Daniel's & Coca-Cola ready-to-drink agreement in June, and Brown-Forman completed its purchase of Gin Mare in November.

Source: investors.brown-forman.com
2023

Diplomático Acquisition

Brown-Forman completed its purchase of the Diplomático rum brand from Destillers United Group on January 5, 2023, for about $725 million.

Source: brown-forman.com
2024

Finlandia and Sonoma-Cutrer Divestitures

The sales of Finlandia (completed November 2023) and Sonoma-Cutrer (completed April 2024) narrowed the portfolio to premium spirits.

Source: en.wikipedia.org
2024

U.S. Distributor Overhaul

Brown-Forman began its largest U.S. distributor overhaul in decades, switching partners in a number of open states.

Source: en.wikipedia.org
2025

Restructuring and Cooperage Closure

On January 14, 2025 Brown-Forman announced a 12% workforce reduction and the closure of its Louisville cooperage, completed by April 25, 2025.

Source: investors.brown-forman.com
2025

Korbel Relationship Ends

Brown-Forman's decades-long sales, marketing and distribution relationship with Korbel Champagne Cellars ended on June 30, 2025.

Source: investors.brown-forman.com
2025

New Board Chairman

Marshall B. Farrer, a fifth-generation descendant of the founder, became chairman of the board in July 2025.

Source: investors.brown-forman.com
2026

Pernod Ricard Talks End

Brown-Forman and Pernod Ricard confirmed merger discussions on March 26, 2026 and terminated them on April 28 after failing to reach mutually agreeable terms.

Source: investors.brown-forman.com
2026

Fiscal 2026 Results

Brown-Forman reported fiscal 2026 net sales of $3.93 billion (-1%), operating income of $1.0 billion and free cash flow of $893 million.

Source: investors.brown-forman.com
2026

CEO Retirement Announced

On July 13, 2026 Lawson Whiting announced he will retire as President and CEO once a successor is appointed.

Source: investors.brown-forman.com
2026

Sazerac Proposal Rejected

On July 26, 2026 the board said Sazerac's unsolicited proposal to acquire Brown-Forman was not actionable after the Brown family's Wolf Pen Branch opposed it.

Source: investors.brown-forman.com

Major Acquisitions

Jack Daniel's (Lem Motlow Distillery)

1956

Brown-Forman bought the Jack Daniel Distillery in Lynchburg, Tennessee, from the Motlow family to add a distinctive charcoal-mellowed Tennessee whiskey to its bourbon portfolio. Federal court records cited in later reporting put the agreed price at $18 million, while contemporary reports described a $20 million deal.

Herradura

2007

Brown-Forman completed the $776 million purchase of Casa Herradura in January 2007, gaining Herradura, el Jimador, New Mix and distilling operations in Amatitán, Jalisco, as premium tequila began to grow worldwide.

The BenRiach Distillery Company

2016

Brown-Forman completed the purchase of The BenRiach Distillery Company in June 2016 for £281 million (about $405 million), adding The GlenDronach, Benriach and Glenglassaugh single malt Scotch distilleries.

Gin Mare

2022

Brown-Forman completed the purchase of Gin Mare and Gin Mare Capri from Vantguard and MG Destilerías in November 2022 for an undisclosed price, filling a gap in super-premium gin.

Diplomático Rum

2023

Brown-Forman bought the Diplomático brand and related assets, including a production facility in Panama, from Destillers United Group, completing the deal on January 5, 2023 for about $725 million, to gain scale in super-premium rum.

Keep researching Brown-Forman

Brown-Forman Company History FAQ

What are the major historical eras in the evolution of Brown-Forman Corporation?

Brown-Forman's history spans its 1870 founding in Louisville, medicinal whiskey production during Prohibition (1920 to 1933), the transformational 1956 Jack Daniel's acquisition, founding Woodford Reserve (1996), international direct distribution expansion (2000s), and the super-premium acquisition era (2020, present).

How did Brown-Forman revive the historic Old Forester Distillery on Louisville's Whiskey Row in 2018?

In 2018, Brown-Forman invested $45 million to open the Old Forester Distillery on historic Whiskey Row in downtown Louisville, returning Old Forester to its original 19th-century home with an active cooperage, fermentation tanks, and a 44-foot copper column still.

When did Brown-Forman create and launch Woodford Reserve?

In 1996, Brown-Forman restored the historic 1812 Labrot & Graham Distillery in Versailles, Kentucky, and launched Woodford Reserve Kentucky Straight Bourbon, igniting the modern global renaissance of super-premium bourbon.

How did Jack Daniel's become an international rock-and-roll cultural icon?

In the 1960s and 1970s, Jack Daniel's became the preferred drink of well-known music icons, including Frank Sinatra (who was buried with a bottle of Jack), Led Zeppelin, Keith Richards, and Slash, cementing the black-and-white label as a global symbol of authentic American cool.

When did Brown-Forman celebrate its 150th anniversary?

In 2020, Brown-Forman celebrated 150 years of continuous operation under founding family control (1870 to 2020), honoring a century and a half of American distilling heritage and global expansion.

When did Brown-Forman sell Early Times and Canadian Mist?

Brown-Forman agreed in June 2020 to sell Early Times, Canadian Mist and Collingwood, plus the Canadian Mist production assets, to Sazerac and completed the sale on July 31, 2020 for an undisclosed price. Early Times had been the first brand the company bought, in 1923.

When was the Jack Daniel's & Coca-Cola RTD launched?

Brown-Forman and The Coca-Cola Company announced a global Jack & Coke ready-to-drink agreement in June 2022. The can launched in Mexico in late 2022 and the U.S. in 2023, and a lower-ABV, larger-can U.S. version followed in early 2026.

What happened at Brown-Forman in 2026?

In 2026 Jim Peters became CFO (March 31), merger talks with Pernod Ricard ended without agreement (April 28), CEO Lawson Whiting announced he will retire once a successor is named (July 13), and the board rejected a Sazerac takeover proposal as not actionable (July 26).

When was Brown-Forman founded?

It was founded in 1870 in Louisville, Kentucky by George Garvin Brown. Remarkably, it was one of only six distilleries granted a federal license to legally produce whiskey for "medicinal purposes" during Prohibition.

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