Diageo completes acquisition of Aviation Gin LLC and Davos Brands LLC
30 Sept 2020 | Press release
Further to the announcement on 17 August 2020, Diageo today announces that it has completed the acquisition of Aviation Gin LLC and Davos Brands LLC (‘Davos Brands’). This acquisition supports our participation in the super premium gin segment in the United States and is in line with Diageo’s strategy to acquire high growth brands with attractive margins that support premiumisation.
“We are confident that Aviation American Gin will continue to shape and drive the growth of super premium gin in North America and we are looking forward to working with Ryan Reynolds and the Davos Brands team to accelerate future growth”, said Ivan Menezes, Chief Executive of Diageo.
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