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Diageo plc (/ d i ˈ æ dʒ i oʊ / dee-AJ-ee-oh) is a British multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. [ 1 ] It is a major distributor of Scotch whisky and other spirits.
Baileys is made by Diageo at Nangor Road, in Dublin, Ireland and in Mallusk, Northern Ireland. It is the original Irish cream, invented by a team headed by Tom Jago in 1971 for Gilbeys of Ireland; Diageo currently owns the trademark. It has a declared alcohol content of 17% by volume. [1]
In 2015, Diageo launched the Brewers Project, in an attempt to diversify the company's product range and expand into the craft beer industry which had become popular. Hop House 13, a lager named after a store at the St James's Gate brewery extant in the early 20th century, was heavily promoted on YouTube and social media. [38]
Diageo is now a powerhouse, generating over $20 billion in sales globally and ranked #155 on the Fortune 500 Europe list. It's also home to 13 billionaire drink brands.
Alcoholic beverage company Diageo Plc (NYSE:DEO) released first-half FY25 earnings results and suspended medium-term guidance. The company reported net sales of $10.9 billion for the half year ...
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On 4 July 2013, Diageo bought an additional 14.98% of the company for ₹ 31.35 billion (US$360 million). Diageo acquired an additional 21.77 million shares at a cost of ₹ 1,440 (US$17) per share in an off-market deal from United Spirits' promoters, raising its holdings to 25.02 percent of the company.
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