Diageo
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About Diageo
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1997
Overview
Simplify's Take
What believers are saying
- Non-alcoholic spirits market grows at 31% CAGR, boosting Diageo's market position.
- Berkshire Hathaway's investment signals confidence in Diageo's growth potential.
- E-commerce growth reshapes alcohol purchasing, benefiting Diageo's distribution channels.
What critics are saying
- Increased competition in non-alcoholic spirits may erode Diageo's market share.
- Rising raw material costs could impact Diageo's profit margins.
- Regulatory challenges in emerging markets may complicate Diageo's expansion efforts.
What makes Diageo unique
- Diageo leads the non-alcoholic spirits market with Ritual Zero Proof acquisition.
- Diageo's premiumization strategy includes acquiring super-premium brands like Don Papa Rum.
- Diageo invests in sustainability with a carbon-neutral brewery funded by Enterprise Ireland.
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Funding
Total Funding
$3798.3M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Flexible Work Hours
Company News
Diageo North America has acquired Ritual Zero Proof Non-Alcoholic Spirits, the leading non-alc spirit brand in the U.S. since its 2019 launch. This move aligns with Diageo’s Growth Ambition for sustainable growth. Ritual offers non-alc alternatives to whiskey, tequila, gin, rum, and aperitif. The U.S. non-alc category has grown +31% CAGR over five years, with non-alc spirits as the fastest-growing segment. Diageo is the top non-alc spirits player globally, holding leading market shares in major markets.
The drinks giant raised €1.9 billion ($2.1 billion) from a three part offering
Guinness owner said funds were for carbon-neutral brewery in Newbridge
Warren Buffett’s Berkshire Hathaway has taken a $41.3mln stake in Diageo PLC, the FTSE 100 maker of Johnnie Walker whisky and Tanqueray gin. Shares in the...
Diageo Plc has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines.
Diageo is Hiring for 220 Jobs on Simplify!
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About Diageo
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
1997
Diageo is Hiring for 220 Jobs on Simplify!
Find jobs on Simplify and start your career today