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Global spirits giant Diageo considering sale of wine business, including Bay Area brands

2015-05-05 00:06:49| Beverages - Topix.net

The British spirits giant Diageo , which owns Johnnie Walker, Baileys and Guinness, reportedly plans to sell its wine business, including brands like Rosenblum Cellars, Chalone, Blossom Hill and Sterling Vineyards here in the Bay Area. Wine accounts for just a fraction of London-based Diageo's roughly $46 billion in sales - just 4 percent according to a May 4 account in Drinks Business Review, an industry trade publication.

Tags: business including area sale

 

Global spirits giant Diageo considering sale of wine business, including Bay Area brands

2015-05-05 00:06:48| Beverages - Topix.net

The British spirits giant Diageo , which owns Johnnie Walker, Baileys and Guinness, is considering the sale of its wine business, including brands like Rosenblum Cellars, Chalone, Blossom Hill and Sterling Vineyards here in the Bay Area. Wine accounts for just a fraction of London-based Diageo's roughly $46 billion in sales - just 4 percent according to a May 4 account in Drinks Business Review, an industry trade publication.

Tags: business including area sale

 
 

Diageo considers wine sale, but deal a way off yet

2015-05-04 10:05:27| Daily beverage news and comment - from just-drinks.com

Diageo is considering the divestment of its wine business, according to reports over the weekend, although just-drinks has learned that a sale is less likely than has been suggested.

Tags: off sale yet deal

 

Diageo Mulls Sale Of Parts Of Its Wine Cellar

2015-05-02 19:58:34| Beverages - Topix.net

The FTSE-100 producer of Guinness and Smirnoff is considering the sale of parts of its wines division amid growing investor disquiet about the company's performance. Sky News has learnt that Diageo is examining plans to offload some of its wine brands, which include Blossom Hill and Sterling Vineyards, following approaches from a number of unidentified third parties.

Tags: sale parts wine cellar

 

CBI drops former Diageo CEO due to Tory links

2015-05-01 13:56:22| Beverages - Topix.net

The Confederation of British Industry will not appoint former Diageo boss Paul Walsh as its president because of his links to the Conservative party. Walsh, who was favourite to take the job leading the British industry body, was a signatory to a Conservative party letter published in The Telegraph that praised the party and said if Labour took power it would "threaten jobs".

Tags: links due ceo drops

 

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