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.