Jump to content

Diageo

From Wikipedia, the free encyclopedia

Diageo plc
Company typePublic limited company
IndustryDrink industry
Predecessors
Founded17 December 1997; 26 years ago (1997-12-17)
HeadquartersLondon, England
Key people
ProductsAlcoholic beverages: spirits, beer and wine
RevenueDecrease £27.89 billion (2024)[1]
Increase £6.001 billion (2024)[1]
Decrease £4.166 billion (2024)[1]
Total assetsIncrease £45.47 billion (2024)[1]
Total equityIncrease £12.07 billion (2024)[1]
Number of employees
30,000 (2024)[2]
SubsidiariesUnited Spirits (55.9%)[1]
Websitediageo.com

Diageo plc (/diˈædʒioʊ/ dee-AJ-ee-oh) is a British multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world.[1] It is a major distributor of Scotch whisky and other spirits. Distilleries owned by Diageo produce 40 percent of all Scotch whisky with over 24 brands, such as Johnnie Walker, J&B and Old Parr.[3]

Its leading brands outside whisky include Guinness, Smirnoff, Baileys liqueur, Captain Morgan rum and Tanqueray and Gordon's gin.

Diageo has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

Name

[edit]

Diageo is an invented name that was created by the branding consultancy Wolff Olins in 1997.[4] The name is composed of the Latin word diēs, meaning "day", and the Greek root geo-, meaning "earth"; and is meant to reference the company slogan "Celebrating Life, Every Day, Everywhere".[5][6]

History

[edit]

Formation

[edit]

Diageo was formed in 1997 from the merger of Guinness plc and Grand Metropolitan. Its creation was driven by the executives Anthony Greener and Philip Yea at Guinness,[7] along with George Bull and John McGrath of Grand Metropolitan.[8] Anthony Greener was the first executive chairman.[9] Shares in Diageo began trading on the London Stock Exchange on 17 December 1997.[10]

Exit from non-core assets

[edit]

As a legacy of the merger, Diageo owned a number of brands, businesses, and assets which were not in the core alcoholic drinks category. The company has gradually disposed of these assets to focus on beverages as its core business.[11][12] This included the sale of the Pillsbury Company to General Mills in 2000,[13] and the 2002 sale of the Burger King fast food restaurant chain to a consortium led by US firm Texas Pacific for US$1.5 billion.[14]

The predecessor company Grand Metropolitan had been a major owner of hotels, owning what is now Intercontinental Hotels prior to divestment before merging into Diageo,[15] but the company still owned the Gleneagles Hotel in Perthshire, which had hosted events including the Ryder Cup and G8 summit. In 2015 Diageo reached an agreement to sell the hotel to the Ennismore Group, already owners of The Hoxton hotels.[16]

In November 2016, Diageo announced its intention of selling at auction Sir Edwin Landseer's iconic 1851 painting The Monarch of the Glen – which the company owned, but which has been on loan to the National Museum of Scotland in Edinburgh since 1999 – as it has "no direct link to our business or brands",[17] being used on the label of rival brand Glenfiddich,[18] owned by William Grant & Sons. Following a fundraising campaign, the painting was sold to the National Galleries of Scotland for around half its assayed value of £8 million.[19][20]

Divestment of beer and wine

[edit]

In 2015, the company made major sales in both the beer and wine categories, selling the Red Stripe beer brand, along with interests in other breweries, and the rights to Guinness in some territories to Heineken,[21][22] as well as the sale of most of its wine business to Treasury Wine Estates.[23] The separate 2019 sale of the remaining wine brands including Navarro Correas and Chalone Vineyard saw Diageo exit the category.[24]

Whilst Diageo did acquire South African beer producer United National Breweries (UNB) in April 2015 shortly before the Red Stripe sale was made,[25] they divested it again in the second half of 2019.[26]

In December 2023 it was speculated in the media that Diageo would exit from the beer market entirely,[27] potentially including the Guinness brand,[28] but this was denied by the company.[29]

International expansion

[edit]

The business has grown with purchases of alcohol businesses around the world, including the 2011 part-ownership and 2013 full acquisition of the Chinese baijiu manufacturer Sichuan Shuijingfang Company in China.[30][31]

The company further acquired Turkish liquor company Mey Icki for US$2.1 billion in 2011,[32][33] and in 2012 followed this with Brazilian cachaça manufacturer Ypióca for £300 million,[34] and the Indian United Spirits which they acquired a majority stake for £1.28 billion.[35][36]

Expansions and investments

[edit]

In June 2012, Diageo announced a £1 billion investment in Scotch whisky production over the following five years, with at least one new distillery to be constructed, several existing facilities to be expanded, and overall production capacity to be increased by 30 to 40 per cent.[37][38]

In December 2015, Diageo announced a US$10 million investment in Danish whisky brand Stauning, to facilitate expansion of production.[39]

In February 2017, Diageo announced plans to open a Guinness brewery and tourist attraction in Baltimore County, Maryland.[40] The brewery could potentially host as many as 300,000 visitors per year.[41]

In October 2021, Diageo announced plans to invest $500m to expand its manufacturing in Mexico for the tequila category. Construction of the new facilities in Jalisco, Mexico is expected to begin in 2021.[42]

Diageo announced plans to build a €200 million brewery in Newbridge in July 2022. In February 2024, High Court proceedings were lodged against An Bord Pleanála by an Athy resident opposing the decision to approve the project.[43] After mediation talks with Diageo, the challenge was withdrawn in April.[44]

Non-alcoholic expansion

[edit]

In August 2019, Diageo bought the majority stake in Seedlip, a non-alcoholic spirits brand.[45]

In October 2022, it was announced Diageo had acquired the Australian cold brew coffee liqueur brand, Mr Black.[46]

In September 2024, it was announced Diageo had acquired Ritual Zero Proof a non-alcoholic spirits brand.[47]

Corporate changes

[edit]

In March 2023, it was announced that Debra Crew would succeed Sir Ivan Menezes as CEO of the company.[48] Crew started her role a month ahead of plan after Menezes died on 7 June 2023.[49]

In May 2023, it was announced that Diageo has provided funding to establish the British Aluminium Consortium for Advance Alloys (BACALL), a collective of industry experts who will create a circular economy in the UK.[50]

Spirits acquisition and disposal

[edit]

In 1998, Diageo sold the John Dewar & Sons, Ltd. company including Aberfeldy, Aultmore, Craigellachie, Royal Brackla distilleries and Bombay Sapphire gin to Bacardi Limited.[51][52]

In 2001, Diageo acquired the collapsed Seagram's spirits and wine businesses which included Captain Morgan and Seagram's blended whiskey.[53]

In 2002.Diageo sold Malibu rum to Allied Domecq for £560m ($800m).[54][55]

In 2002, Diageo sold the inactive Rosebank distillery buildings and contents to British Waterways.[56]

Diageo acquired a 50% stake in Don Julio tequila through a joint venture with owner Jose Cuervo, for which they paid US$100 million in 2003.[57] They later obtained full ownership of the brand after agreeing to sell Bushmills Irish whiskey to Proximo Spirits, who had since acquired Jose Cuervo, in exchange for US$408 million and full ownership of the tequila brand.[58]

In 2004, Diageo sold the inactive Coleburn distillery buildings and contents to the Winchester Brothers with plans to transform the distillery grounds into a whisky resort.[59]

Diageo formed a relationship with rapper Sean Combs in an "equal-share venture" in 2007 to promote the Cîroc vodka brand,[60] and this led to the joint purchase of the DeLeón Tequila brand in 2013. The partnership was terminated in 2024 after a legal dispute, leaving Diageo the sole owner of both brands.[61]

In 2007, Diageo sold the inactive Port Charlotte distillery buildings and contents to The Bruichladdich Distillery Co. Ltd.[62]

In 2010, Diageo opened Roseisle distillery at cost of £40million.[63]

In 2010, Diageo closed Port Dundas grain distillery that was demolished in 2011.[64]

In March 2016, the company sold Grand Marnier, a cognac and bitter orange-based liqueur, to the Italian beverage company Campari Group.[65]

In June 2017, the Casamigos tequila brand – a US-based tequila, launched in 2013 was acquired by Diageo.[66]

In November 2018, Diageo sold Seagram's whiskey brand, along with Myers's Rum, Popov vodka, Booth's Gin, Goldschläger, Yukon Jack, Sambuca, and 11 other brands to the Sazerac Company for US$550 million,[67][68] but kept the Seagram's Seven Crown brand.[69]

In September 2022, Diageo sold Archers brand to De Kuyper Royal Distillers.[70]

In November 2022, it was announced that Diageo would acquire Balcones Distilling, a whiskey distillery based in Texas.[71]

In October 2023, Diageo sold Windsor Global, which owns blended Scotch brand Windsor, to private equity firm PT W Co of South Korea, sponsored by the Pine Tree Investment & Management Co.[72]

In February 2024, a report claimed Diageo was looking to sell the brands Pimm's, Safari and Pampero Rum.[73] Both Safari and Pampero rum were sold in July 2024.[74][75]

In 19 March 2024, Diageo reopened Port Ellen distillery after 40 years been closed and a £185 million (US$235m) restoration.[76]

Head office

[edit]
Diageo's head office in Great Marlborough Street, London

Diageo's head office is in Great Marlborough Street, London after moving from its previous location in Park Royal, London Borough of Brent,[77] on the site of a former Guinness brewery[78] which had closed in 2004 after producing beer since 1936.[79] Diageo's previous head office facility had been located in Henrietta Place, in the Marylebone district of the City of Westminster in London, since 1996. In 2009, Diageo announced that it was closing the Henrietta Place facility as part of a cost reduction programme and moved its employees to the Park Royal site.[80]

Worldwide

[edit]

Diageo operates in 180 countries across five regions: Europe, North America, Latin America, the Caribbean, Asia Pacific and Africa.[81]

Operations

[edit]

Diageo also owns a 34% stake in the Moet Hennessy drinks division of French luxury goods company LVMH.[82]

In 2017, the company was awarded top place in the Institute of Directors' and Chartered Quality Institute's Good Governance Index.[83]

Whisky distilleries

[edit]

Diageo operates many whisky distilleries in Scotland and around the world:[84]

Scotch whisky malt distilleries

[edit]

Scotch whisky grain distilleries

[edit]

Irish whiskey distilleries

[edit]

American whiskey distilleries

[edit]

Brands

[edit]

Diageo's beverage brands include:[85]

Awards and rankings

[edit]

In 2016, Diageo was ranked 11th out of 4,255 companies worldwide for diversity and inclusiveness in the Thomson Reuters Diversity and Inclusion (D&I) Index.[93]

In June 2023, the company's subsidiary, Mortlach distillery in Moray, Scotland, was awarded the “Whisky of the Year” prize in the annual International Whisky Competition for its Gordon & MacPhail Connoisseurs Choice 1989 Mortlach single malt Scotch.[94]

[edit]

Criticism

[edit]

In December 2003, Diageo provoked controversy over its decision to change its Cardhu brand Scotch whisky from a single malt to a blended malt whilst retaining the original name and bottle style. Diageo took this action because it did not have sufficient reserves to meet demand in the Spanish market, where Cardhu had been successful. After a meeting of producers, Diageo agreed to make changes.[95] In 2006, the Cardhu brand changed back to being a single malt.[96]

In May 2012, Scottish craft brewery BrewDog revealed that Diageo had threatened to withdraw funding from the British Institute of Innkeeping Scotland's annual awards if BrewDog was to be named winner of the Best Bar Operator award. Diageo was forced to issue an apology.[97][98][99]

In March 2015, Diageo released an advertising campaign showing a young woman crying after a night out, as an older woman, likely her mother, looks at her from the doorway, and the caption, "Who's following in your footsteps? Out of control drinking has consequences". The ad probably implied that the girl had been assaulted on the way home, as a result of her drinking that night. The director of Rape Crisis Network Ireland said Diageo "blames victims of sexual violence for the crimes that have been committed against them. This is a harmful, regressive and hurtful message which targets the vulnerable."[100]

Factory closures and moves

[edit]
Diageo received major backlash from the public and the Scottish Government following the controversial decision to close Johnnie Walker production in Kilmarnock, Scotland, the birthplace of the brand's founder and production hub since 1820

In July 2009, Diageo announced that, after nearly 200 years of association with the town of Kilmarnock, Scotland, they would be closing the Johnnie Walker blending and bottling plant[101] as part of a restructuring to the business with work moved to Diageos other two sites in Shieldhall and Leven.[102] This would make 700 workers unemployed and caused outrage from the press, local people, and politicians. A campaign against this decision was launched by the local SNP MSP Willie Coffey and Labour MP Des Browne. A petition was drawn up against the plans, which also involved the closure of the historic Port Dundas grain distillery in Glasgow.[103] The Johnnie Walker plant in Kilmarnock closed its doors in March 2012 and the buildings were subsequently demolished a year later.[104]

In April 2011, the National Puerto Rican Coalition planned to run a series of ads in New York City and Puerto Rico urging a boycott of Diageo-owned alcoholic drinks to protest the corporation's production move of its Captain Morgan rum from Puerto Rico to the U.S. Virgin Islands,[105] which will provide it with US$2.7 billion in tax benefits over 30 years.[106]

Regulatory issues

[edit]

In August 2011, Diageo agreed to pay more than US$16 million to settle U.S. civil regulatory charges that it made improper payments to foreign officials. Regulators accused the British company of violating the U.S. Foreign Corrupt Practices Act through its subsidiaries to obtain lucrative sales and tax benefits for its Johnnie Walker and Windsor Scotch whiskies and other brands.[107]

In January 2020, Diageo agreed to pay US$5 million to settle charges brought by the US Securities and Exchange Commission that alleged the company had pressured distributors to buy products in excess of demand in order to hit performance goals.[108][109]

References

[edit]
  1. ^ a b c d e f g "Annual Report 2024 (Form 20-F)". US Securities and Exchange Commission. 1 August 2024. Retrieved 2 August 2024.
  2. ^ "Our business model". Diageo. Archived from the original on 10 December 2023. Retrieved 11 February 2024.
  3. ^ "A Comprehensive Yet Concise History of Scotch Whisky". Bespoke Unit. 17 May 2018. Archived from the original on 1 February 2021. Retrieved 25 December 2019.
  4. ^ "Diageo Case Study". Wolff Olins. Archived from the original on 20 January 2013. Retrieved 6 June 2012.
  5. ^ "History of Diageo". Drinks.ng. August 2016. Archived from the original on 25 August 2023. Retrieved 18 December 2019.
  6. ^ "Guinness' new name gets shareholder thumbs". The Independent. 23 October 2011. Archived from the original on 8 August 2014. Retrieved 6 June 2012.
  7. ^ "Diageo". Grace's Guide. Archived from the original on 25 August 2023. Retrieved 11 December 2019.
  8. ^ "Profile: John McGrath – The Man Who'll Mix The Drinks". The Independent. 22 October 2011. Archived from the original on 16 June 2020. Retrieved 11 December 2019.
  9. ^ "A liquid lunch". Forbes. Archived from the original on 25 August 2023. Retrieved 11 December 2019.
  10. ^ "Diageo's drinks are best left on the shelf". The Independent. Retrieved 10 December 2019.
  11. ^ "Diageo cleared to sell Burger King". Beverage Daily. 19 August 2002.
  12. ^ Day, Sherri (26 July 2002). "Investors Agree to Buy Burger King From Diageo for $2.26 Billion". New York Times. pp. C5. Archived from the original on 17 December 2022. Retrieved 17 January 2024.
  13. ^ "Diageo to Confirm Pillsbury Deal". The Guardian. 17 July 2000. Archived from the original on 18 April 2023. Retrieved 11 December 2019.
  14. ^ "Diageo sells Burger King". The Irish Times. Archived from the original on 5 June 2023. Retrieved 11 December 2019.
  15. ^ Sanger, David E.; Times, Special To the New York (1 October 1988). "COMPANY NEWS; Japanese Purchase Of Inter-Continental Set for $2.27 Billion". The New York Times. ISSN 0362-4331. Archived from the original on 16 November 2023. Retrieved 27 January 2023.
  16. ^ "Gleneagles Hotel and golf resort sold by Diageo". BBC News. 2 July 2015. Archived from the original on 17 January 2024. Retrieved 17 January 2024.
  17. ^ "Iconic Scottish painting The Monarch of the Glen to be sold". BBC. 2 November 2016. Retrieved 15 November 2016.
  18. ^ Schiffer, Jessica (1 November 2021). "6 Things You Didn't Know About Glenfiddich". Forbes.
  19. ^ "Campaign to raise funds for Monarch of the Glen painting". BBC. 16 February 2017. Archived from the original on 26 January 2021. Retrieved 16 February 2017.
  20. ^ Brown, Mark (17 March 2017). "Monarch of the Glen saved from auction block after £4m fundraising drive". The Guardian.
  21. ^ "Heineken Acquires Red Stripe Beer from Diageo". Beverage Dynamics. 9 October 2015.
  22. ^ Megaw, Nicholas (7 October 2015). "Diageo focuses operations with £515m assets sale to Heineken". Financial Times. Archived from the original on 17 January 2024. Retrieved 17 January 2024.
  23. ^ "TWE to acquire Diageo's Wine Business For $600 Million". Shanken News Daily. 14 October 2015. Archived from the original on 24 September 2016. Retrieved 11 December 2019.
  24. ^ "Foley Family Wines Buys Chalone Vineyards". WineSpectator.com. Archived from the original on 15 May 2018. Retrieved 11 December 2019.
  25. ^ "Diageo to get control of United National Breweries". Diageo Plc. Archived from the original on 27 October 2021. Retrieved 11 December 2019.
  26. ^ "Diageo sells United National Breweries in South Africa". Diageo Plc. Archived from the original on 30 November 2021. Retrieved 11 December 2019.
  27. ^ "Diageo Seeking To Divest Remaining Beer Portfolio After Margin Concerns". Hospitality Ireland. 6 December 2023. Archived from the original on 17 January 2024. Retrieved 17 January 2024.
  28. ^ Beeson, James (7 December 2023). "Why would Diageo look to exit beer entirely – including Guinness?". The Grocer. Archived from the original on 23 February 2024. Retrieved 17 January 2024.
  29. ^ McCashin, Christian (7 December 2023). "Diageo Insists It Is Sticking With Niche Beer Brands". Business Plus.
  30. ^ "Close of partial tender offer for shares in Sichuan Shuijingfang Company Limited". Diageo Plc. Archived from the original on 8 February 2022. Retrieved 11 December 2019.
  31. ^ "Diageo proposes upping stake in Shui Jing Fang Baijui Company". The Drinks Business. 27 February 2019. Archived from the original on 18 October 2023. Retrieved 12 December 2019.
  32. ^ "Diageo in $2.1 Billion Deal for Turkish Liquor Maker". The New York Times. 21 February 2011. Archived from the original on 17 June 2022. Retrieved 11 December 2019.
  33. ^ "Diageo's Turkish delight at raki swoop". The Scotsman. Archived from the original on 3 February 2018. Retrieved 6 June 2012.
  34. ^ "Diageo gets the taste for a cocktail with Brazilian". The Independent. 29 May 2012. Archived from the original on 5 June 2014. Retrieved 31 May 2012.
  35. ^ "Diageo buys majority stake in India's United Spirits". BBC News. 9 November 2012. Archived from the original on 25 August 2023. Retrieved 10 November 2012.
  36. ^ Davies, Sumeet Chatterjee (9 November 2012). "Diageo does $2.1 billion deal for India's United Spirits". Reuters. Archived from the original on 5 March 2016. Retrieved 10 November 2012.
  37. ^ "Diageo's £1bn Shot into Malt Whisky". The Telegraph. Archived from the original on 11 January 2022. Retrieved 11 December 2019.
  38. ^ "Scotch whisky firm, Diageo, to invest £1bn". BBC News. 6 June 2012. Archived from the original on 25 August 2023. Retrieved 6 June 2012.
  39. ^ "Diageo invests £10m in Stauning Danish whisky". Archived from the original on 25 August 2023. Retrieved 20 February 2019.
  40. ^ "Maryland's new Guinness brewery is a destination for fans – and everyone else, too". The Washington Post. Archived from the original on 7 November 2020. Retrieved 18 December 2019.
  41. ^ "Guinness Debuts New Brewery in Maryland". The Washington Post. Archived from the original on 18 October 2023. Retrieved 18 December 2019.
  42. ^ "Diageo to invest $500 million in tequila production in Mexico". Reuters. October 2021. Archived from the original on 1 October 2021. Retrieved 1 October 2021.
  43. ^ "Athy man John Lynch takes An Bord Pleanála to court over approval of €200m Diageo brewery in Newbridge". www.businesspost.ie. Retrieved 3 May 2024.
  44. ^ "Work to start on Diageo's €200m brewery after undertaker withdraws challenge". Irish Independent. 1 May 2024. Archived from the original on 3 May 2024. Retrieved 3 May 2024.
  45. ^ "Diageo's Stake in Seedlip Proves Booze-Free Spirits Are Big Business". Fortune. Archived from the original on 25 August 2023. Retrieved 10 September 2019.
  46. ^ "Diageo Acquires Coffee Liqueur Brand Mr Black". ESM Magazine. 5 October 2022. Archived from the original on 6 October 2022. Retrieved 6 October 2022.
  47. ^ Simmons, Ted (25 September 2024). "Diageo acquires Ritual Zero Proof". The Spirits Business. Retrieved 28 September 2024.
  48. ^ Walsh, Dominic (29 June 2023). "Diageo names Debra Crew as new chief". Archived from the original on 29 March 2023. Retrieved 29 March 2023 – via www.thetimes.co.uk.
  49. ^ Speed, Madeleine (7 June 2023). "Diageo chief Ivan Menezes dies". Financial Times. Archived from the original on 13 June 2023. Retrieved 13 June 2023.
  50. ^ "Diageo invests in project to create UK aluminium circular economy". TheDrinksReport.com. Archived from the original on 10 June 2023. Retrieved 10 June 2023.
  51. ^ "G&J Distillers Warrington". Archived from the original on 8 December 2015. Retrieved 5 November 2013.
  52. ^ "INTERNATIONAL BRIEFS; Diageo Sells Dewar's And Bombay to Bacardi". The New York Times. Associated Press. 31 March 1998. ISSN 0362-4331. Archived from the original on 26 February 2023. Retrieved 26 February 2023.
  53. ^ "Diageo in 2001 – Seagram's Acquisition sees Crown royal and Captain Morgan join Diageo's brands". Diageo plc. Archived from the original on 25 August 2023. Retrieved 11 December 2019.
  54. ^ "Diageo sells Malibu rum". BBC News. 27 February 2002. Retrieved 17 May 2008.
  55. ^ Malibu Rum Being Sold By Diageo To Domecq, The New York Times, 28 February 2002
  56. ^ admin (16 April 2018). "Rosebank: a brand history". The Spirits Business. Retrieved 28 September 2024.
  57. ^ "Diageo Turns to Tequila For Its Next Buy". City A.M. 20 March 2011. Archived from the original on 25 August 2023. Retrieved 11 December 2019.
  58. ^ "Diageo Gets Full Control of Don Julio in Swap for Bushmills". Bloomberg. 3 November 2014. Archived from the original on 11 January 2015. Retrieved 23 December 2014.
  59. ^ Micallef, Joseph V. "Coleburn Single Malt: One Of The World's Rarest Scotch Whiskies". Forbes. Retrieved 29 October 2023.
  60. ^ Cleary, Andrew (30 October 2009). "Diageo Turns to Dutch, Diddy Partnerships for Vodka Expansion". Bloomberg. Archived from the original on 24 September 2015. Retrieved 1 May 2011.
  61. ^ "Diddy and drinks giant Diageo settle dispute over tequila". BBC News. 17 January 2024. Archived from the original on 17 January 2024. Retrieved 17 January 2024.
  62. ^ Micallef, Joseph V. "The Relaunch of Port Charlotte 10 YO". Forbes. Retrieved 28 September 2024.
  63. ^ Wood, Zoe (3 October 2010). "Diageo opens the first major new whisky distillery for a generation". The Guardian.
  64. ^ "Diageo demolishes giant chimney at Port Dundas site". BBC News. 6 September 2011. Retrieved 28 September 2024.
  65. ^ "Gruppo Campari to buy brandy brand Grand Marnier". FT.com. 15 March 2016. Archived from the original on 28 June 2016. Retrieved 6 July 2016.
  66. ^ "Guinness plans to brew in America again, for the first time in six decades". The Washington Post. Archived from the original on 1 October 2022. Retrieved 11 December 2019.
  67. ^ "Diageo sells portfolio of brands to Sazerac". Diageo Plc. Archived from the original on 28 June 2022. Retrieved 12 December 2019.
  68. ^ "Diageo Sells Seagram's VO to Sazerac in $550 Million Deal". Bloomberg. 12 November 2018. Archived from the original on 7 November 2020. Retrieved 12 November 2018.
  69. ^ Geller, Muvija M, Martinne (12 November 2018). "Diageo to sell 19 brands to U.S.-based Sazerac for $550 million". Reuters. Archived from the original on 14 October 2023. Retrieved 10 August 2021.{{cite news}}: CS1 maint: multiple names: authors list (link)
  70. ^ Mason, Jessica (8 September 2022). "Diageo sells Archers brand to De Kuyper Royal Distillers". The Drinks Business. Archived from the original on 5 February 2023. Retrieved 5 February 2023.
  71. ^ "Diageo Purchases Super-Premium Texas Craft Distiller Balcones Distilling". Vine Pair. 2 November 2022. Archived from the original on 2 November 2022. Retrieved 2 November 2022.
  72. ^ Carruthers, Nicola (30 October 2023). "Diageo sells Windsor whisky arm". The Spirits Business. Archived from the original on 30 October 2023. Retrieved 30 October 2023.
  73. ^ "Diageo looks for Pampero, Pimm's, Safari buyer – report". Drinks Intel. 30 October 2023. Retrieved 10 July 2024.
  74. ^ "Diageo offloads Safari liqueur to Portugal's Casa Redondo". Just Drinks. 30 October 2023. Retrieved 19 July 2024.
  75. ^ "Diageo sells Pampero rum to Gruppo Montenegro". Just Drinks. 30 October 2023. Retrieved 19 July 2024.
  76. ^ Kiely, Melita (19 March 2024). "Port Ellen distillery back in business after 40 years". The Spirits Business. Retrieved 20 March 2024.
  77. ^ "Diageo Contacts". Diageo Plc. Archived from the original on 24 December 2022. Retrieved 1 September 2011.
  78. ^ "Drinks maker Diageo to close London office". The Daily Telegraph. Archived from the original on 11 January 2022. Retrieved 1 September 2011.
  79. ^ "Guinness to end UK brewing". The Morning Advertiser. Retrieved 11 December 2019.
  80. ^ "Contact us". Diageo Plc. Archived from the original on 20 November 2009. Retrieved 15 December 2009.
  81. ^ Davies, Adrian (2006). Best Practice in Corporate Governance: Building Reputation and Sustainable Success. Routledge. p. 74. ISBN 978-0566086441.
  82. ^ Walsh, Dominic; Boyle, Catherine (23 April 2009). "LVMH denies being in Moet sale talks with Diageo". The Times. London. Archived from the original on 11 June 2011. Retrieved 27 July 2010.
  83. ^ "Blog | Resources | Ideagen". www.ideagen.com. Archived from the original on 26 November 2021. Retrieved 26 November 2021.
  84. ^ "Diageo | Scotch Whisky". scotchwhisky.com. Retrieved 13 October 2024.
  85. ^ "Our Brands". Diageo Plc. Archived from the original on 12 October 2023. Retrieved 24 January 2019.
  86. ^ Collins, Georgie (17 November 2022). "Diageo invests in Oxford Artisan Distillery". The Spirits Business. Retrieved 11 August 2024.
  87. ^ Schrieberg, Felipe. "Diageo Buys Texas' Balcones Distilling". Forbes. Archived from the original on 30 October 2023. Retrieved 21 October 2023.
  88. ^ "英ディアジオ 、中国の四川水井坊 持株会社を傘下に". Reuters (in Japanese). 23 July 2013. Archived from the original on 5 March 2023. Retrieved 5 March 2023.
  89. ^ "Diageo launches Rockshore lager – Drinks Industry Ireland". www.drinksindustryireland.ie. Archived from the original on 28 September 2022. Retrieved 30 June 2022.
  90. ^ "Diageo unveils new cider to take on Bulmers". 11 March 2019. Archived from the original on 30 June 2022. Retrieved 30 June 2022.
  91. ^ "Diageo Launches Rockshore Hard Seltzer". Checkout. 16 July 2021. Archived from the original on 20 May 2022. Retrieved 30 June 2022.
  92. ^ "Rakı Brands manufactured by Mey Diageo". Mey Diageo website. 20 August 2021. Archived from the original on 20 August 2021. Retrieved 20 August 2021.
  93. ^ "Diversity and Inclusion Index". Thomson Reuters. Archived from the original on 6 July 2018. Retrieved 6 July 2018.
  94. ^ "The World's Best Single Malt Scotch—According To The 2023 International Whisky Competition". Forbes. 17 June 2023. Archived from the original on 19 June 2023. Retrieved 19 June 2023.
  95. ^ "Whiskey packaging whips up controversy". Beverage Daily. Archived from the original on 29 August 2006. Retrieved 5 December 2003.
  96. ^ "Scottish Whisky: Cardhu". Scotchwhisky.net. Archived from the original on 27 November 2010. Retrieved 18 April 2011.
  97. ^ Thomas, Natalie. "Scottish beer company BrewDog forces Diageo to apologise over 'dirty tricks' at awards". The Telegraph. Archived from the original on 11 January 2022. Retrieved 10 May 2012.
  98. ^ "Statement regarding the 2012 BII Scotland Annual Awards". Diageo Plc. Archived from the original on 12 May 2012. Retrieved 9 May 2012.
  99. ^ "Diageo Screw BrewDog". BrewDog. Archived from the original on 11 May 2012. Retrieved 9 May 2012.
  100. ^ "Rape Crisis Network slams 'rape victim blaming' ads". Irish Examiner. Archived from the original on 12 March 2015. Retrieved 12 March 2015.
  101. ^ "Diageo Bottling Plant Refurbishment". Packaging-gateway.com. Archived from the original on 15 July 2011. Retrieved 18 April 2011.
  102. ^ "Whisky sour: The Johnnie Walker closure 10 years on". BBC News. 1 July 2019. Retrieved 26 July 2024.
  103. ^ "Kilmarnock Town fights to protect their heritage". Savejohnniewalker.org. Archived from the original on 29 January 2011. Retrieved 18 April 2011.
  104. ^ Johnnie Walker whisky plant closes in Kilmarnock. BBC News. 23 March 2012. Retrieved 7 August 2012.
  105. ^ "P.R. Coalition urges boycott of Diageo". Prdailysun.com. Archived from the original on 30 March 2012. Retrieved 18 April 2011.
  106. ^ Donmoyer, Ryan J. "Bailout of U.S. Banks Gives British Rum a $2.7 Billion Benefit". Bloomberg. Archived from the original on 30 March 2012. Retrieved 5 April 2011.
  107. ^ "Diageo settles U.S. civil bribery charges". Web Archive. TrustLaw. Archived from the original on 31 August 2011. Retrieved 6 October 2014.
  108. ^ Sebastian, Dave (19 February 2020). "Diageo Reaches $5 Million Settlement With SEC on Sales-Boosting Charges". The Wall Street Journal. Archived from the original on 25 June 2021. Retrieved 21 February 2020.
  109. ^ "Makers of Guinness fined $5m over US disclosure failures | Accountancy Daily". accountancydaily.co. Archived from the original on 18 October 2023. Retrieved 3 March 2020.
  110. ^ "Top 12 Best Selling Whiskey Brands in the World". Listaka. 20 July 2015. Retrieved 20 March 2016.
[edit]
Wikimedia Commons has media related to Diageo.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Diageo&oldid=1252571799"