Tag Archives: Diageo

The big bets placed on China’s budding malt whisky industry

Local players have joined Diageo and Pernod Ricard in investing in the nascent market. Malt whisky production in China remains in its infancy, but the early signs – given the depth of investment from multinationals and local operators alike – are that the industry will swiftly acquire considerable scale. The ventures from Diageo and Pernod Ricard, with planned expenditure so

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Diageo to Sell 32 Indian Brands to Inbrew for $106 Million

Diageo Plc will sell 32 of its liquor brands in India to Inbrew Beverages Pvt. for 8.2 billion rupees ($106 million) as the alcoholic beverage maker seeks sustainable long-term profitable growth by pruning some of its low-margin products. United Spirits Ltd., the Indian arm of Diageo, and Inbrew have agreed on the sale of the entire business undertaking including contracts, permits, intellectual property

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Diageo sells Windsor business to South Korean private equity group

Diageo has agreed the sale of its Windsor business to the private equity group Bayside Private Equity and Metis Private Equity consortium. The KRW 200 billion (approximately £124 million) deal, which will include the W series, will additionally see Diageo supply Scotch whisky to Bayside/Metis under a 10-year supply agreement. Diageo’s president of Asia Pacific and global travel, Sam Fischer,

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