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. Guinness Stock Ale Aged in Bulleit Bourbon Barrels is the endgame of a Guinness Barleywine and a Guinness Imperial Stout – both brewed in Baltimore and aged in Bulleit Bourbon barrels before being blended together. According to the brewer, the new beer notes nutty chocolate, raisins, roasted barley and sweet dark fruit with an alcohol…

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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 beers launched from the brewery, has an alcohol by volume (ABV) of 5.3%, joining the Guinness family as a full-bodied stout with a creamy mouthfeel, full of flavor with hints of roasted malt, milk chocolate and rich coffee. Guinness Over The Moon Milk Stout will be available in several states including Baltimore, Boston, Washington D.C. and Philadelphia ahead of…

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Guinness Nigeria lays out strategy to bolster growth across categories

NIGERIA – Guinness Nigeria Plc has laid out its plans for its financial year which began in July to build on the company’s 2019 performance focusing on key strategies. The company seeks to grow value share and enhance its margins in beer occasions, international premium spirits and mainstream spirits reported Beverage Industry News. These strategies include innovating at scale to make new leads, building and constantly extending its route to consumer, driving out costs, invest in growth and guaranteeing its plan with the right people and capabilities. Recapping the company’s…

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Guinness Nigeria launches new Guinness Smooth Stout

NIGERIA – Guinness Nigeria Plc a subsidiary of Diageo Plc, has launched Guinness Smooth stout into the market, a new addition to its portfolio. Made from hops and roasted barley with a touch of local flavours, the company describes the drink as a blend of bitter and sweet taste. It has 5% ABV.  “Guinness Smooth is a perfect partner for spicy foods and BBQ. The smooth refreshing taste balances the spicy heat, while the distinctive characterful flavour ensures Guinness Smooth is a beer that doesn’t get overshadowed by the food.”…

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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 AB InBev, the world’s largest beer group while Diageo is the world’s largest producer of spirits, and owns brands such as Guinness, Smirnoff, Johnnie Walker, J&B and Captain Morgan.  Through the deal, Diageo will grant SAB an exclusive license to manufacture, market, distribute and sell Smirnoff Storm, Guarana, Spin, Pine Twist and Berry Twist. The…

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Guinness Nigeria appoints Yemisi Ayeni as a Non-Executive Director

NIGERIA – The Orijin beer brand maker Guinness Nigeria Plc has announced the appointment of Mrs Yemisi Ayeni as a new Non-Executive Director and member of the company’s board of directors effective 1 September 2018. Ayeni takes the place of Prof. Joe Irukwu who has retired from the company as Non-Executive Director with effect from 28 August 2018. The incumbent had retired in April 2015 as Managing Director of Shell Nigeria Closed Fund Administrator Limited after 10 years at the helm. Her career started at Pricewaterhouse, London in 1985 where…

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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. According to Guinness, the brewery will attract more than 300,000 visitors in its first year of operation. In addition to tours and taproom tastings, visitors to the brewery will also be able to experience a full restaurant (opening later this summer), with a menu that takes inspiration from popular local dishes, as well as Guinness’…

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Guinness Nigeria appoints Baker Magunda as new Managing Director

NIGERIA – Guinness Nigeria, a subsidiary of Diageo Plc of the UK has appointed Baker Magunda as the company’s new Managing Director/ Chief Executive Officer effective 1 July 2018. Baker succeeds Peter Ndegwa who gave his notice of resignation on 30th June 2018 and the Board accepted his resignation on the same date. He joins Guinness Nigeria from Diageo owned Meta Abo Breweries in Ethiopia where he was the Managing Director. A holder of a Bachelor of Economics [Honours] from Makerere University Uganda, Baker has nearly twenty years’ experience in…

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Guinness Nigeria commissions new US$18m PET plant

NIGERIA – Guinness Nigeria, a subsidiary of UK’s Diageo Plc has commissioned a new Polyethylene terephthalate (PET) plant costing US$18.07 million, according to Beverage Industry News. During the grant opening ceremony in the capital Lagos, the company also announced the launch of its Adult Premium Non-Alcoholic Drinks (APNADs) in new PET bottles. Guinness revealed it was working with local artists in the community to recycle used PET bottles into fascinating art works thereby eliminating plastic wastes. Mr. Peter Ndegwa, the company’s Managing Director said, “As responsible corporate citizens, we are…

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Guinness Nigeria off to a strong start in Q1 as revenue rises 30%

NIGERIA – Guinness Nigeria Plc on Thursday reported a 30% increase in revenue for the first quarter ended 30th September 2017. The Nigerian unit of British drinks maker Diageo Plc said that sales hit N29.9bn ($82.3m) in the first three months of its financial year, up from N23bn ($63.3m) it recorded in the same period in 2016. Gross profit for the period grew 24% to N10.4bn ($28.7m) reflecting continued growth within the spirits business as well as benefit of an expanding portfolio, but against the backdrop of lapping the inventory…

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