Announced
Financials
Sources
Tags
Private
Friendly
Acquisition
Single Bidder
Majority
Pending
United Kingdom
alcoholic beverages
distilled spirits
Distillers and Vintners
brewers
Synopsis
Diageo, a British brewer, and supplier of alcoholic bevarages is set to acquire Tipplesworth, a producer of pre-bottled cocktails. Financial terms were not disclosed. "The acquisition of Tipplesworth brings another great innovation into our portfolio. The increasing popularity of cocktails in Great Britain is one of the trends driving spirits growth and this acquisition means we can now bring great quality ‘on tap’ cocktails to consumers in the on-trade across the country,” Melissa Wisdom, Diageo Commercial Director.
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