14 December 2015
Diageo announces appointment of Guinness Nigeria as exclusive distributor of its international premium spirits brands
Diageo today announces that Guinness Nigeria Plc, a company listed in Nigeria in which Diageo has a 54.3% shareholding, will become the exclusive distributor of its international premium spirits brands with effect from 1 January 2016.
Guinness Nigeria Plc has made a statement to the Nigerian stock exchange. The terms of the agreement are not material for Diageo plc.
In the year ended 30 June 2015, Diageo's international premium spirits net sales in Nigeria were £20 million.
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About Diageo
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, JεB, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.
Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.
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About Guinness Nigeria Plc
Guinness Nigeria was established in 1950, making it one of the oldest companies in Nigeria. Listed on the Nigerian Stock Exchange in 1965, it is also one of the foremost quoted companies in Nigeria. The company is the custodian of household brands like Guinness Foreign Extra Stout, Guinness Extra Smooth, Harp Lager, Orijin, Malta Guinness and Malta Guinness Low Sugar, amongst others.
