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Diageo on the Lookout for More Tequila, Aguardiente
Diageo would be interested in buying good brands of Mexican tequila or Colombian aguardiente.
Diageo would be interested in buying good brands of Mexican tequila or Colombian aguardiente if any were available, a senior executive said on Thursday, as the world\'s largest spirits maker continues to expand its portfolio.
The maker of Johnnie Walker scotch and Smirnoff vodka has a long track record of buying local spirits brands as a way to build scale and distribution in emerging markets. It bought Ypioca cachaca in Brazil, Mey Icki raki in Turkey and most recently, launched a bid to nearly double its stake in India\'s United Spirits.
See more on: www.reuters.com/article/2014/05/15/diageolatinamerica-idUSL6N0O153R20140515