Pine Tree Investment & Management completed the acquisition of Windor Brands from Diageo.

Pine Tree Investment & Management, a private equity firm, completed the acquisition of Windor Brands from Diageo, an alcoholic beverage company. Financial terms were not disclosed. “This transaction reflects Diageo’s disciplined approach to capital allocation and further highlights our continued track record of active portfolio management. We remain fully committed to Korea and our international spirits and beer business. Our position in the market remains strong as premiumisation trends persist and consumer interest in categories like international whisky continues to grow,” John O’Keeffe, Diageo President for Asia Pacific, global travel and India.