Diageo Acquires Texas-Based Balcones Distilling

Dear Client:  Diageo announced it has acquired Texas-based Balcones Distilling, a leading producer of American Single Malt Whiskey. No financial details were disclosed. "We are delighted to welcome Balcones Distilling into Diageo," says Diageo North America president Claudia Schubert. "The Balcones team are true innovators and pioneers in the emerging American Single Malt and Texas whiskey movements, and their super premium plus whiskies are highly complementary to our whiskey portfolio."Balcones Distilling was established in 2008 and has grown into a powerhouse