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Distillers & Wineries

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Diageo to acquire Casamigos

Wednesday, 21 Jun 2017

June 21 (Reuters) - Diageo Plc ::Diageo to acquire super-premium tequila Casamigos.Transaction values Casamigos at up to $1 billion.Says Diageo expects transaction will be EPS neutral for first three years and accretive thereafter.Says expect acquisition will be economic profit positive in fourth full fiscal year post-completion.Transaction is expected to close in second half of calendar 2017.

Remy Cointreau and Lucas Bols create Passoa joint venture

Friday, 14 Oct 2016

Remy Cointreau : Remy Cointreau and Lucas Bols create Passoa joint venture operated by Lucas Bols NV . JV will operate and further develop global activities of Passoã brand . Lucas Bols NV Will assume operational and financial control of joint venture . Remy Cointreau will deconsolidate Passoã activities (as a group brand) from its financials . In due time, Lucas Bols NV could acquire all shares held by Rémy Cointreau in joint venture .Transaction is expected to close before end of calendar 2016.

Remy Cointreau and Lucas Bols create Passoa joint venture

Friday, 14 Oct 2016

Remy Cointreau : Remy Cointreau and Lucas Bols create Passoa joint venture operated by Lucas Bols NV . JV will operate and further develop global activities of Passoã brand . Lucas Bols NV Will assume operational and financial control of joint venture . Remy Cointreau will deconsolidate Passoã activities (as a group brand) from its financials . In due time, Lucas Bols NV could acquire all shares held by Rémy Cointreau in joint venture .Transaction is expected to close before end of calendar 2016.

Stock Spirits buys three spirits brands from Bohemia Sekt for eur 5 mln

Wednesday, 12 Oct 2016

Stock Spirits Group Plc : Acquisition .Announce acquisition of three spirits brands from bohemia sekt s.r.o for eur 5 million to further strengthen business in czech republic.

Guinness Nigeria says Diageo Plc will not proceed with offer

Wednesday, 5 Oct 2016

Guinness Nigeria Plc : Says the Co has taken decision not to proceed with Diageo Plc's offer . Says Diago Plc's intended to make offer through Guinness Overseas Ltd for up to 15.7% of share capital of the Co Source : http://bit.ly/2dQ8jyJ Further company coverage: [GUINNES.LG] (Bangalore.newsroom@thomsonreuters.com).

Pernod Ricard completes sales of Frïs vodka

Friday, 30 Sep 2016

Pernod Ricard statement: Sells Frïs vodka to Sazerac . Value of transaction is not being disclosed. . The disposal is in line with the Pernod Ricard's strategy to focus on its priority spirits and wines brands. . Frïs Vodka is a standard vodka selling 250,000 9-litre cases in the USA annually. .Sazerac is one of New Orleans's oldest family owned, privately held companies.

Pincon Spirit signs MoU to take over Bacchus Enterprises, Ludhiana

Friday, 30 Sep 2016

Pincon Spirit Ltd: Signs Memorandum of Understanding .MoU for taking over Bacchus Enterprises in Ludhiana engaged in business of Indian made Indian liquor and Indian made foreign liquor.

Tomizone announces partnership with Consistel

Thursday, 29 Sep 2016

Tomizone Ltd : Tomizone and consistel will commence a major pilot at a large singaporean integrated sports and lifestyle precinct .Tomizone limited announce a partnership with consistel.

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