Diageo: latest news, analysis and trading updates | ESM Magazine

Gruppo Montenegro Acquires Pampero Rum

Italian spirits and food giant Gruppo Montenegro has expanded its portfolio by acquiring Pampero rum from beverage giant Diageo.

Spirits giant Diageo has agreed to sell fruit-flavoured liqueur brand Safari to Portuguese beverage-alcohol company Casa Redondo.

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Drinks giant Diageo could be a worthy take-over target for "an opportunistic rival", Russ Mould, investment director at AJ Bell has said.

Spirits giant Diageo has commenced the construction of a new carbon-neutral brewery in Kildare, Ireland.

Tolaram has agreed to buy Diageo's 58.02% shareholding in Guinness Nigeria and enter into long-term licence and royalty agreements, the Nigerian...

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Barclays has explored what a second Trump presidency might mean for the drinks industry, specifically with regard to tariffs on spirits imports.

Diageo named Nik Jhangiani as its chief financial officer with Lavanya Chandrashekar leaving after three years in the role.

Diageo has named former British senior civil servant John Manzoni as its next chair, replacing Javier Ferran, who is retiring in February 2025.