Diageo confirms Casamigos acquisition

Diageo has completed the acquisition of Casamigos, the fastest growing super-premium tequila brand in the US.

The premium drinks business announced in June that it had agreed a deal worth $1bn to acquire Casamigos.

“We are excited to work alongside the founders Rande Gerber, George Clooney, and Mike Meldman as we continue to grow the brand” said Deirdre Mahlan, president, Diageo North America.