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Diageo has bought non-alcoholic spirits maker Ritual Zero Proof, its earlier portfolio investment, for an undisclosed sum. Co-founder David Crooch becomes general manager of Diageo's non-alcohol unit.
Also globalventuring.com
Diageo has fully acquired Australian coffee liqueur maker Mr Black, in which it bought a minority stake in 2015 via its Distill Ventures accelerator; co-founder Tom Baker stays involved.
Under diageo.com ·leads this story in the feed
Drinks giant Diageo has bought Australian coffee liqueur maker Mr Black, in which it took a minority stake in 2015 via its Distill Ventures accelerator; no purchase price was disclosed.
Also diageo.com·thespiritsbusiness.com·drinkstrade.com.au·SmartCompany·foodanddrinkbusiness.com.au·thegrocer.co.uk·glassandnote.com
Deals recorded from diageo.com's coverage. A round is listed once, however many of their articles mention it.
Companies named in diageo.com's articles, most-covered first.
| Company | What it does | Articles |
|---|---|---|
| Distill Ventures | 3 | |
| Mr Black | 2 | |
| Diageo North America | 1 | |
| Ritual Zero Proof | 1 |
Investors named in diageo.com's articles, most-covered first.