Illva Saronno Holding has announced the acquisition of Engine gin to “strengthen its presence in the gin world”.

Pernod Ricard USA has announced the acquisition of a majority stake in peanut butter-flavored American whiskey brand Skrewball.

The billionaire founder of Microsoft has bought a 3.76% stake in Dutch drinks giant Heineken Holding NV, although Gates has previously said he was “not a big beer drinker”.

Purcari Wineries PLC has announced the signing of the Share Purchase Agreement for a 76% stake in Bulgarian joint stock company Angel’s Estate Winery.

Moët Hennessy has purchased a 50% stake in Jay-Z’s Armand de Brignac champagne brand for an undisclosed sum.

Campari Group has tied up a €23.4 million deal to purchase a 49% stake in Italy’s leading online wine and spirits retailer.

Vietnam: Global drinks giant Diageo has closed a Public Offer to acquire an additional 5.07% stake in Hanoi Liquor Joint Stock Company (“Halico”) for approximately £6.4 million. 

Chinese regulators have approved Diageo’s acquisition of an additional 4% stake in Sichuan Chengdu Quanxing Group (Quanxing) from Chengdu Yingsheng Investment Holding Co (Yingsheng).

Global drinks giant Diageo has reached an agreement with Industrias Licoreras de Guatemala to take a 50% controlling stake in the Guatemalan Zacapa rum brand.

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La'Mel Clarke

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