Diageo’s United Spirits plans merger with its Indian subsidiary Pioneer Distilleries

INDIA – United Spirits Limited, the Indian unit of the global liquor company Diageo, has proposed a merger with its majority owned and listed subsidiary Poineer Distillers Limited, reports India Times. According to United Spirits, […]

Diageo launches new AI whisky selector to help consumers discover their favourite whisky

UK – The Johnnie Walker and Buchanan’s brands owner, Diageo has launched a new tool ‘What’s Your Whisky’ which uses artificial intelligence and machine learning to help consumers find their perfect whisky, based on their […]

Diageo brews new Guinness barrel-aged beer at the Open Gate Brewery in the US

USA – Guinness, the iconic beer brand owned by Diageo, has launched its second barrel-aged beer, the Guinness Stock Ale Aged in Bulleit Bourbon Barrels, produced at the new Guinness Open Gate Brewery in Baltimore, USA. […]

Diageo inaugurates new innovation and research centre in Scotland

SCOTLAND  – Diageo has opened a new £6.4 million (US$8.03m) innovation and research centre in Menstrie, Scotland, which will be home to the company’s science, technology and innovation projects across the drinks industry supply chain. […]

Diageo debuts Guinness Over The Moon Milk Stout in the US

USA – Diageo has launched the ‘Guinness Over The Moon Milk Stout’ brewed from its Baltimore facility – the Guinness Open Gate Brewery in Maryland. The brand, which is the latest in a line of new […]

Diageo maintains organic sales forecast despite uncertainties in global trade policies

UK – Multinational spirits maker, Diageo said that it expects to meet its full-year organic sales targets, adding that it had a good start to 2020 financial year. In a trading commentary ahead of the […]

Competition Tribunal approves SAB’s acquisition of Smirnoff franchise rights

SOUTH AFRICA – The Competition Tribunal of South Africa has conditionally approved South African Breweries’ (SAB) proposed acquisition of franchise rights for Smirnoff ready-to-drink and Guinness-branded products from Diageo. SAB is the local subsidiary of […]

Guinness Nigeria reports 18% decline in full year profits to US$15.15m

NIGERIA – Guinness Nigeria, a subsidiary of Diageo Plc, reported 18 percent drop in net profits for full year profits for the financial year ending June 2019 to N5.5 billion (US$15.15 million). The company’s revenues […]

Diageo forms joint venture to distribute Santiago de Cuba rum

UK – Diageo, through its Europe subsidiary and Corporación Cuba Ron have formed Ron Santiago as a joint venture that will have exclusive global distribution rights to Cuban rum brand Santiago de Cuba. Diageo said […]

Diageo to invest US$220M in sustainability projects in African breweries

AFRICA – Diageo, the world’s leading spirits maker has pledged to invest US$220million in green energy and water recovery solutions at 11 of its African breweries. The investment, which represents the company’s largest environmental investment […]