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The name Casamigos comes from the Spanish casa (house) and amigos (friends), thus "house of friends." [7] It was purchased in June 2017 by the multinational beverage company Diageo for $700 million plus up to a further $300 million based on the brand's performance. [8] The purchase equated to Diageo paying almost $500 a bottle. [9]
In 2012, Meldman partnered with Rande Gerber and George Clooney to create Casamigos tequila. [5] In June 2017, it was sold to Diageo for $700 million, with an additional $300 million possible depending on the company's performance over the next ten years. [6] Meldman's employees include Jack Brooksbank, husband of Princess Eugenie of York. [7]
Ranch water is a cocktail typically made with tequila, lime juice, and Topo Chico sparkling mineral water. It originates in Texas , often traced to an Austin restaurant that opened in 1998. There are various stories about its origin.
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Rande Gerber (born April 27, 1962) [1] is an American businessman. He founded tequila brand Casamigos alongside actor George Clooney and businessman Mike Meldman, as well as nightlife companies Midnight Oil, Caliche Rum, and Gerber Group, with a portfolio that has consisted of nightlife industry, such as restaurants, bars and lounges worldwide. [2]
Ranch water is a cocktail made with tequila, lime juice and Topo-Chico, over ice, a popular drink in Texas. [10] A similar drink, the Chilton, substitutes the lime for a lemon, the tequila for vodka, and adds salt on the rim.