Diageo Plc is a multinational beverage company that produces over 200 alcohol brands worldwide.
It produces and markets branded alcohol beverages, including whiskey, vodka, gin, beer, brandy, tequilas, Scotch whiskey, Irish Cream Liquor, etc.
The company has a global presence with significant operations in Europe, Russia, Turkey, North America, the Caribbean, Asia, Africa, etc.
It also produces ready-to-drink products that are manufactured in Italy, the United Kingdom, Canada, Australia, etc.
The global alcohol manufacturer operates through various domestic and international subsidiaries, including:
• United Spirits Limited
• Diageo North America Inc
• Diageo Brands B.V.
• Diageo Ireland
• Diageo Scotland Limited
• Diageo Capital plc
• Guinness Brewery
• Lagavulin Distillery
• London Group LLC
• Davos Brands LLC
• Stirrings LLC
• Oban Distillery
The company’s ADRs are listed under the symbol ‘DEO’ on the New York Stock Exchange.
The term ADR stands for American Depository receipts which represents securities of foreign company listed on the stock exchanges like NYSE. It enables US-based investors to purchase stocks of foreign companies.
These certificates are negotiable instruments signed only at the time of transfer or sale of ownership.
Citibank operates as the depository bank of the firm. In addition, it also acts as a transfer agent for the firm.
The company’s premier brands include:
• Johnnie Walker
• Bushmill whiskey
• Crown Royal
• Windsor and Buchanan’s whiskey
• Captain Morgan
• Don Julio
The alcohol manufacturer reportedly generates maximum revenue from its operations in North America, followed by Europe, the Asia Pacific and Africa.
In 2021, the company acquired a non-alcoholic distilled spirit brand, Seedlip.
In addition, it claims that its various initiatives aimed at underage drinking have benefitted over 375,000 people in nearly 20 countries across the globe, The company also claims to maintain a dedicated website, DRINKiQ, that promotes responsible drinking and provides information on alcohol and its effect on the human body.