14th Dec 2015 07:12
LONDON (Alliance News) - Diageo PLC on Monday said it has appointed its Guinness Nigeria subsidiary as its exclusive spirits distributor.
Guinness Nigeria, in which Diageo holds a 54.3% stake, will become the exclusive distributor of Diageo's international premium spirit brands from January 1.
Diageo didn't specify the territory of the distribution agreement.
Diageo said the terms of the agreement were not "material" to it.
By Sam Unsted; [email protected]; @SamUAtAlliance
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