ownership by Diageo

Ownership by Diageo means that Diageo owns and manages a collection of well-known beverage brands, primarily spirits like whisky, vodka, gin, and rum. As a global leader in the alcoholic beverage industry, Diageo controls the production, marketing, and distribution of these brands. When Diageo owns a brand, it has the legal rights to produce and sell that product worldwide, and it invests in branding and quality to maintain its reputation and market share. Essentially, Diageo acts as the parent company responsible for overseeing and growing its portfolio of beverage brands.