Diageo Net Worth is1.6 12-Month Sales Growth (%)
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Company Name: Diageo plc

Company Logo: Image:Diageo.svg

Company Type: Public limited company

Traded As: DGE, DEO

Company Slogan: Celebrating Life, Every Day, Everywhere

Foundation: 1997 (London)

Location: Park Royal, London, United Kingdom

Key People: Franz Humer (Chairman) ,

Num Employees: 25,000 (2012)[http://www.diageo.com/en-row/ourbusiness/ourpeople/Pages/default.aspx]

Industry: Beverages

Products: Alcoholic beverages: beer, wine and Distilled beverage

Revenue: Pound sterling13.232 billion (2011)
Operating Income: Pound sterling2.595 billion (2011)
Net Income: Pound sterling2.017 billion (2011)
Homepage: [http://www.diageo.com Diageo]

Diageo plc /diE?E?E?E?E?iE?oE?/ (LSE: DGE, NYSE: DEO) is a British multinational alcoholic beverages company headquartered in London, United Kingdom. It is the world's largest producer of spirits and a major producer of beer and wine.
Diageo's brands include Smirnoff (the world's best-selling vodka),Johnnie Walker (the world's best-selling Scotch whisky),Baileys (the world's best-selling liqueur) and Guinness (the world's best-selling stout). It is also the exclusive international distributor of JosA(C) Cuervo (the world's best-selling tequila) and owns 34% of MoA<Diageo has its primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately A?34.5 billion as of 23 December 2011, making it the 12th-largest company on the London Stock Exchange. It has a secondary listing on the New York Stock Exchange.
Diageo is an invented name which was created by the branding consultancy Wolff Olins in 1997. The name is composed of the Latin word "dias", meaning day, and the Greek root "geo", meaning world, and is meant to reference the company giving pleasure every day, everywhere.
Diageo was formed in 1997 from the merger of Guinness and Grand Metropolitan. The creation was driven by the executives Anthony Greener and Philip Yea at Guinness plus George Bull and John McGrath of Grand Metropolitan. Shares in Diageo began trading on the London Stock Exchange on 17 December 1997.
Diageo owned Pillsbury until 2000 when it was sold to General Mills. In 2002, Diageo sold the Burger King fast food restaurant chain to a consortium led by US firm Texas Pacific for $1.5 billion.
In February 2011 Diageo agreed to acquire the Turkish liquor company Mey Icki for US$2.1 billion.
In May 2012 Diageo agreed to acquire Ypioca, the large

Diageo Latest News

Diageo needs to splash cash wisely, says Train

Nick Train is monitoring the capital allocation decisions of Diageo's (DGE) management team, following its buy of George Clooney’s tequila brand for $700 million (£540 million). Citywire AAA-rated Train has purchased a significant amount of drinks ...
Posted: August 16, 2017, 1:57 am

VR research delivers for Diageo

SAN DIEGO: Diageo, the alcoholic drinks manufacturer, has already made effective use of virtual reality (VR) as a tool for conducting impactful consumer research. Jason Chebib, VP/Consumer Planning at Diageo North America, discussed this subject at the ...
Posted: August 20, 2017, 4:27 pm

Diageo : Guinness gets liquor license for Baltimore County taproom

The Guinness Open Gate Brewery & Barrel House took another step forward as the brewer secured a liquor license for its planned Baltimore County taproom. The Board of Liquor License Commissioners for Baltimore County unanimously approved the on-premise ...
Posted: August 19, 2017, 6:01 am

Diageo completes $1bn purchase of Clooney’s Tequila

Drinks giant Diageo has completed its US$1 billion acquisition of Tequila brand Casamigos, which was founded just four years ago by Hollywood heartthrob George Clooney and Rande Gerber. The deal, announced in June, saw Diageo agree to pay $700 million up ...
Posted: August 17, 2017, 6:17 am

DIRECTOR'S DEALS: Diageo chairman Javier Ferran buys more than £1.6m worth of shares

The chairman of Diageo has bought more than £1.6million worth of shares in the world’s largest distiller. The private equity specialist Javier Ferran bought 65,000 Diageo shares at 2503p each on Monday. The Spaniard who owns a £2.2million house in ...
Posted: August 15, 2017, 3:09 pm
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