Around the Net

Diageo Sells 19 Brands To Sazerac

  • RTE, Monday, November 12, 2018 8:22 PM
Diageo is selling 19 spirits brands, including Seagrams VO Canadian whisky and cinnamon schnapps Goldschlager, to Sazerac for $550 million. The deal comes as the company focuses on its premium whisky brands such as Johnnie Walker in the United States, according to RTE.  "The disposal of these brands enables us to have even greater focus on the faster growing premium and above brands in the U.S. spirits portfolio," the company said in a statement.

Read the whole story at RTE »

Next story loading loading..