Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Diageo buys majority stake in non-alcoholic spirit maker Seedlip

Diageo buys majority stake in non-alcoholic spirit maker Seedlip
FILE PHOTO: Products from drink manufacturer Seedlip are displayed in London, Britain May 17, 2017. REUTERS/Neil Hall -
Copyright
Neil Hall(Reuters)
Euronews logo
Text size Aa Aa

(Reuters) – Diageo <DGE.L>, the world’s largest spirits company, said https://www.diageo.com/en/news-and-media/press-releases/diageo-acquires-majority-shareholding-in-seedlip-the-world-s-first-distilled-non-alcoholic-spirit on Wednesday it had bought a majority stake in distilled non-alcoholic spirits brand Seedlip for an undisclosed sum.

Diageo had bought https://it.reuters.com/article/idUSKBN18K18O a 20% stake in Seedlip, a British startup, in 2016 via its venture capital arm Distill Ventures.

Seedlip has a presence in more than 25 countries, with its three variants of drinks stocked in more than 7,500 bars, restaurants, hotels and retailers globally.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Anil D’Silva)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.