By the 1970s, demand for tequila was increasing worldwide. Sauza distillery formed a partnership with the leading Spanish brandy producer, Pedro Domecq. This relationship eventually led to Pedro Domecq’s complete purchase of Sauza distillery in 1988.
In the first of a series of beverage-giant transfers, in 1994 the new owner was itself acquired by Allied Lyons to form Allied Domecq. That company was purchased by Fortune Brands in July 2005, and then spun off with other drinks businesses as Beam Inc. in October 2011. In April 2014, Suntory bought Beam Inc. for about $16 billion, and renamed the unit Beam Suntory. Suntory Beverage & Food Ltd trades on the Tokyo Stock Exchange (2587). Sauza tequila products are still distilled at La Perseverancia.