Diageo also distributes Unicum, its lighter-bodied variant Zwack and Jose Cuervo tequila products in North America. However, Cuervo operates as a separate company in Mexico and is not owned by Diageo. Similarly Grand Marnier is distributed by Diageo in many markets, including exclusively in Canada, and a deal was reached in 2009 to significantly expand this partnership in Europe.
Furthermore, Diageo owns the Gleneagles Hotel.
Diageo was formed in 1997 from the merger of Guinness plc and Grand Metropolitan plc. The creation was driven by the two executives Anthony Greener and Philip Yea at Guinness plus George Bull and John McGrath of Grand Metropolitan. The product portfolios of Guinness and Grand Met were largely complementary with little overlap.
Diageo is the world"s biggest whisky producer with 28 malt distilleries and two grain distilleries.The company operates the Scotch whisky distilleries of Auchroisk, Benrinnes, Blair Athol (situated at Pitlochry), Caol Ila, Cardhu, Knockando, Glen Elgin, Clynelish, Cragganmore, Dalwhinnie, Glenkinchie, Glen Ord, Lagavulin, Oban, Royal Lochnagar, Strathmill, Talisker, Teaninich, Mannochmore, Mortlach and Glenlossie, which are sold not only under their own name but used to make the various blended scotch whiskies sold by the company, and owns the stock of many closed distilleries such as Port Ellen, Rosebank, Brora, Convalmore, Glen Albyn, North Brechin, Banff, and Linlithgow. The company have opened a new malt distillery adjacent to their maltings at Roseisle (1st new make spirit produced Spring 2009). This will be one of the largest malt distilleries in Scotland. The new building contains 14 traditional copper pot stills. An expansion programme is also underway at its Cameron Bridge Grain Distillery in Fife that will make it the largest grain distillery in Scotland. Diageo also owns the Port Dundas Grain Distillery in Glasgow, and jointly operates the North British Grain Distillery in Gorgie, Edinburgh, with The Edrington Group.
Diageo plc (LSE: DGE, NYSE: DEO) is the largest multinational beer, wine and spirits company in the world. The company is listed on the London Stock Exchange and has American Depositary Receipts listed on the New York Stock Exchange. The word Diageo was formed from the Latin dia (day) and the Greek geo (World), symbolising the use of the company"s brands every day, everywhere. Its head office is located in the City of Westminster in London. It is a constituent of the FTSE 100 Index.