Diageo uncorks deal for wine group

Drinks group Diageo today said it was buying US wine group Chalone for about $260m (€194.4m).

Diageo uncorks deal for wine group
Mon, 20 Dec, 2004 - 11:37

Drinks group Diageo today said it was buying US wine group Chalone for about $260m (€194.4m).

The company, whose key brands include Guinness and Smirnoff vodka, said the acquisition of the Californian company would enhance the range of premium brands in its North American wine business.

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CourtsBusinessHeathrowPlace: CaliforniaPlace: WashingtonPlace: BordeauxPlace: FrancePlace: USPerson: Ivan MenezesOrganisation: DiageoOrganisation: ChaloneOrganisation: GuinnessOrganisation: Smirnoff VodkaOrganisation: NapaOrganisation: Chateau Duhart-MilonOrganisation: Domaines Barons de RothschildOrganisation: LafiteOrganisation: Diageo Chateau & Estate WinesOrganisation: DC&EWOrganisation: Beaulieu VineyardOrganisation: Sterling VineyardsOrganisation: Sterling Vintner’s CollectionOrganisation: SolarisOrganisation: Century CellarsOrganisation: Blossom HillOrganisation: BeaulieuOrganisation: SterlingOrganisation: Diageo North America
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