Diageo acquires Don Papa Rum from Philippines for €440 M - FFOODS Spectrum
€ 32.00 · 5 (375) · In Magazzino
Taking Don Papa Rum into the next chapter of its development British alcoholic beverage company Diageo has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines. The upfront consideration is €260 million with a further potential consideration of up to €177.5 million through to 2028 subject to performance, reflecting
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Diageo to acquire Don Papa Rum, a super-premium, dark rum from the Philippines
Don Papa: Changing the Face of Philippine Rum
