Does Diageo own United Spirits?

United Spirits Limited, abbreviated to USL, is an Indian alcoholic beverages company, and the world’s second-largest spirits company by volume. It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka….United Spirits.

Trade name Diageo India
Parent Diageo (54.8%)

When did Diageo Buy United Spirits?

Diageo first acquired a controlling stake in Bangalore-based United Spirits Limited (USL) in 2014. In August last year, the drinks giant upped its shareholding to 55.2% following a US$27.3 million investment.

Who owns Diageo liquor?

History. Diageo was formed in 1997 from the merger of Guinness Brewery and Grand Metropolitan. Its creation was driven by the executives Anthony Greener and Philip Yea at Guinness, along with George Bull and John McGrath of Grand Metropolitan. Anthony Greener was the first executive chairman.

Who is the promoter of United Spirits?

presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Shareholding Pattern – United Spirits Ltd.
Holder’s Name No of Shares % Share Holding
NoOfShares 726638715 100%
Promoters 5787795 0.8%
ForeignInstitutions 138630428 19.08%

Is Diageo listed in India?

We are India’s leading beverage alcohol company with an outstanding portfolio of premium brands. Incorporated in India as United Spirits Limited (USL), Diageo India is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

What brand is Diageo?

Diageo’s brand portfolio includes:

  • Scotch whisky: Black & White, Buchanan’s, J&B, Johnnie Walker, Grand Old Parr, Lagavulin, The Singleton, Talisker and Windsor.
  • Other whisk(e)y: Bulleit and Crown Royal.
  • Vodka: CĂ®roc, Ketel One and Smirnoff.
  • Rum: Bundaberg, Captain Morgan, Ron Zacapa.
  • Liqueur: Baileys.

Is United Spirits a good investment?

Is United Spirits a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that United Spirits Ltd is a good long term investment. However, you need to ensure you buy at a right price to earn good returns.