United Spirits sells Four Seasons wines business to Grover Zampa Vineyards

INDIA – United Spirits Limited (USL), the Indian subsidiary of the global liquor company, Diageo has entered into a share purchase agreement for the sale of its entire equity share capital in its wholly owned […]

Diageo to build US$130m whiskey distillery in Kentucky, US

USA – The world’s spirits major, Diageo plans to build distilled spirits manufacturing facility in Kentucky,the United States to increase production of whiskey categories in the market. The facility includes a distillery and warehousing on […]

Kenya Breweries seeks to increase local sorghum supply for Kisumu brewery

KENYA – Kenya Breweries Limited (KBL), a subsidiary of the British alcoholic beverages company Diageo is turning to sorghum farmers in Kakamega County to increase supply of the commodity for its soon to be opened […]

Diageo sells portfolio of nine brands to Sazerac for US$550m

USA – The British multinational alcoholic beverages company has agreed the sale of nineteen brands to a privately held American alcoholic beverage company, Sazerac for a consideration of US$550 million. Diageo has also entered into […]

Diageo adds new black raspberry Ciroc to vodka portfolio

UK – Diageo, a British multinational alcoholic beverages company, has revealed an extension of its “ultra-premium” Cîroc vodka portfolio with the limited-edition black raspberry variant. According to FoodBev, Cîroc black raspberry infuses five times distilled […]

Diageo invests in a new Guinness brewery in Maryland, USA

USA – Diageo, a British multinational alcoholic beverages company, has invested in a new Guinness brewery outside of Baltimore, Maryland which represents the first Guinness brewing operation on U.S. soil in more than 60 years. […]

United Spirits’ premium alcohol segment help push profits 29% higher

INDIA – United Spirits, a subsidiary of Diageo and India’s largest spirits manufacturer has reported 29% increase in profits to US$11.80 million helped by strong growth in premium alcohol segment in the first quarter, ET […]

Diageo reports strong performance with net sales of US$14.24b in 2018 preliminary results

UK – Diageo, a British multinational alcoholic beverages company, has reported strong performance with net sales US$14.24 billion reflecting consistent and rigorous execution of our strategy. The company reported net sales US$14.24 billion and operating […]