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Diageo launches Fusion Allterra to drive sustainable innovation in beverage industry
Diageo has launched Fusion Allterra, a sustainability-focused iteration of its global open innovation programme aimed at fostering collaboration with growth-stage start-ups and innovators in the beverage sector.
Diageo completes sale of stake in Guinness Ghana Breweries to Castel Group
Diageo has finalised the sale of its 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group, a move that underscores the beverage giant's strategic realignment in the African market.
Diageo India acquires Indian craft gin maker Nao Spirits for $15.2m
Diageo India (United Spirits Limited) has announced the acquisition of a majority controlling stake in Nao Spirits, the Indian craft distiller behind popular gin brands Greater Than and Hapusa.
Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.
Captain Morgan expands portfolio with new Muck Pit Brew
Diageo-owned rum brand Captain Morgan has unveiled its latest innovation, Captain Morgan Muck Pit Brew, a new brand extension designed to cater to evolving consumer preferences.
Diageo faces lawsuit over alleged mislabelling of tequila brands
Diageo, one of the world’s largest spirits producers, is facing a lawsuit over allegations that some of its top-selling tequilas are falsely marketed as “100% agave” despite allegedly containing other alcohols.
