date:Mar 29, 2022
Diageo has agreed the sale of its Windsor business including the W series, to the Bayside Private Equity and Metis Private Equity consortium (Bayside/Metis), a South Korean-based private equity group, for an aggregate consideration of KRW 200 billion (approximately 124 million).
As part of the agreement, Diageo will supply Scotch whisky to Bayside/Metis under a 10-year supply agreement.
Sam Fischer, President of Asia Pacific and Global Travel for Diageo, said: This transaction marks the next c