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Diageo withdraws medium-term sales forecast

Diageo has today withdrawn its medium-term organic sales growth target as the world's top spirits maker took steps to try and mitigate the impact of US tariffs on its tequila and Canadian whisky.
Business • 04 Feb

Wine Margins: How climate change hurts drinks makers

Bad weather looks to be hampering Europe's wine harvest for a second year in a row, highlighting the impact climate change is having on popular consumer goods, writes Adam Maguire.
Business • 17 Oct 24

Diageo to invest $500m in tequila production in Mexico

Drinks group Diageo, which owns Guinness, said today it will invest $500m to increase its tequila production capacity in Mexico and help it meet local and international demand for the alcoholic beverage.
Business • 01 Oct 21

Bacardi to buy out Patron tequila in $5.1 billion deal

Bacardi has agreed to buy out Patron Spirits International in a deal valuing the top high-end tequila maker at $5.1 billion, highlighting the appetite big drinks groups have for the Mexican spirit.
Business • 23 Jan 18

Diageo to buy George Clooney's tequila brand Casamigos

Diageo has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion.
Business • 22 Jun 17

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