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Diageo wines and spirits
Diageo wines and spirits








diageo wines and spirits

1958: Watney Mann was formed by the merger of Watney, Combe, Reid & Company Ltd with Mann, Crossman & Paulin Ltd.1972: § International Distillers & Vintners Ltd was taken over.1972: § Grand Metropolitan Hotels Ltd took over the company, and hived it up.The business was hived up and, in 1979, the Watney Mann brewery was closed. 1972: § Grand Metropolitan Hotels Ltd acquired the company, lock, stock and barrel, including subsidiary International Distillers & Vintners Ltd."grand metropolitan plc", Annual Reports, GG, link, link, link, link, link, link, link, link, link, link, link, logo Watney Mann Ltd 1970: Berni Inns Ltd, a chain of licensed restaurants/pubs, was acquired.acquired the outstanding 49% of shares it didn't already own. Jun.1970: Mecca Sportsman Ltd, operating betting and gaming halls, was acquired.pursued a policy of disposal of provincial casinos, and expansion of London casinos. Aug.1970: Mecca Ltd, the holdco for Mecca Sportsman Ltd, was acquired.ref The business was hived up, and the Watney Mann brewery closed in 1979. 1972: § Watney Mann Ltd was acquired, including subsidiary International Distillers & Vintners Ltd, which owned the Justerini & Brooks whisky, Bailey's Irish Cream, W&A Gilbey's gin, ref Piat wine, and Croft sherry and port brands.

diageo wines and spirits

  • 1980: Liggett Group Inc, a USA tobacco and drinks business, was acquired for its wines and spirits business.
  • diageo wines and spirits

    1981: Warner Holidays Ltd, operating holiday centres in the UK and the Mediterranean, was acquired.merged its chain of Grand Metropolitan Hotels into Inter-Continental and its sibling chain Forum Hotels. Sept.1981: Inter-Continental Hotels Corporation was purchased from struggling Pan American Airways, who were divesting non-core assets due to mounting debts.May.1982: Grand Metropolitan plc: the company was renamed.1984: Compass Contract Services: Grand Metropolitan Catering Services was relaunched with a new name.Sept.1985: Pearle Vision Inc was acquired from its founders.1986: Liggett Group Inc was sold to Bennett S.1987: More acquisitions: Almaden, Saccone & Speed.1987: Compass Group: Management buyout of the contract services division of Compass Contract Services.The deal brought the European and Commonwealth rights to Smirnoff vodka. Mar.1987: Heublein Inc, a wines and spirits business, was acquired by International Distillers & Vintners from RJR Nabisco Inc.Apr.1987: Vision Express Superstores acquired by Pearle from ?.May.1987: Eye+Tech Superstores acquired by Pearle from ?.Jun.1987: Disposed of USA soft drinks bottling operations to PepsiCo.Dec.1987: William Hill acquired from Sears Holdings Mecca Bookmakers was subsequently hived up into William Hill.In Mar.1998, British Brewery company Bass plc bought Inter-Continental Hotels Corporation from the Saison Group. expanded into the fast food sector through the purchase of Burger King. 1988: Inter-Continental Hotels Corporation was sold to Japan's Saison Group, as Grand Met.1989: William Hill, including Mecca Bookmakers, was sold to Brent Walker.ref Pillsbury was a leading USA food processing company which owned fast-food operation Burger King (acq'd 1967) Green Giant and Häagen-Dazs, ref amongst others. Pillsbury Company was acquired in a hostile takeover.










    Diageo wines and spirits