"Guinness Brewery St. James's Gate Brewery () is a brewery founded in 1759 in Dublin, Ireland, by Arthur Guinness. The company is now a part of Diageo, a British company formed from the merger of Guinness and Grand Metropolitan in 1997. The main product of the brewery is Guinness Draught. Originally leased in 1759 to Arthur Guinness at IR£45 (Irish pounds) per year for 9,000 years, the St. James's Gate area has been the home of Guinness ever since. It became the largest brewery in Ireland in 1838, and the largest in the world by 1886, with an annual output"
"left the company credited with fixing the deficiencies left by Gibbons and was temporarily replaced with David Nash. He was elevated to Chairman in July, with Robert Lowes as CEO. Lowes became chairman in November. In 1997, Grand Metropolitan merged with Guinness to form a company called Diageo in a deal worth US$22 billion. Franchisees alleged that Diageo ignored the chain in favor of its liquor business; there were two more CEOs in the time Diageo owned the company. This institutionalized neglect further hurt the standing of the brand, in turn causing significant financial damage to Burger King's franchisees. By"
"of ownership. Further, during the ownership tenure of Grand Metropolitan, Grand Met merged with Guinness in 1997 to form a new company, Diageo. TPG Capital's ownership was shared with Bain Capital and Goldman Sachs Capital Partners, both of which held minority shares. During 3G Capital's ownership, 3G divested a 29% stake of the chain to Justice Holdings of Great Britain when the chain was again taken public in 2012. When Burger King merged with Tim Hortons in 2014, Berkshire Hathaway bought into the newly combined chain as part of an debt-equity financing deal. Since its founding, Burger King has had"
"Grand Metropolitan for $500 million. As GrandMet focused its core business and expanded into fast food through the purchase of Burger King, it sold IHC to the Japanese-based Saison Group in 1988. In March 1998, Saison Group sold IHC to the British brewery Bass. In 2000, Bass sold its brewing assets (and the rights to the Bass name) to the Belgian brewer Interbrew for £2.3 billion and changed its name to Six Continents. In 2003, the independent corporation InterContinental Hotels Group (IHG) was created after Six Continents split into two companies: Mitchells & Butlers took control of the restaurant assets,"
"changes. The parental disregard of the Burger King brand continued with Grand Metropolitan's merger with Guinness in 1997 when the two organizations formed the holding company Diageo. Eventually, the ongoing systematic institutional neglect of the brand through a string of owners damaged the company to the point where major franchises were driven out of business, and its total value was significantly decreased. Diageo eventually decided to divest itself of the money-losing chain and put the company up for sale in 2000. The twenty-first century saw the company return to independence when it was purchased from Diageo by a group of"
"It changed its name to Grand Metropolitan in 1973. In 1980 it bought Liggett Group, a US tobacco and drinks business. In 1981 it bought Warner Holidays and Intercontinental Hotels Corporation. In 1986 the Company sold the Liggett Group to Bennett S. LeBow. It acquired Heublein wines and spirits in 1987, which made it one of the largest producers of wines and spirits in the world, and gave the company ownership of the Smirnoff brand. Also in 1987 the Company withdrew from catering when it disposed of its catering division by way of a management buyout so creating Compass Group."
"1960s. At the beginning of the 21st century, Guinness merged with Grand Metropolitan plc to form Diageo, the world's largest alcoholic beverage business, and the brewery became part of Diageo Global Supply. In its final years, Smithwick's Ale formed only a small percentage of production there. Another product was Kilkenny ale, a close relation of Smithwicks ale. Some 80% of beer produced at the brewery was Budweiser, a brand not owned by Diageo, but produced under licence. Diageo announced in May 2008 the closure of St. Francis Abbey Brewery, which took place on 31 December 2013. Production was then moved"
"and Bennigan's division, purchasing a small regional restaurant concept that focused on gourmet hamburgers, Chili's. Bennigan's continued to grow across the United States, as well as opening locations in fourteen countries. When Pillsbury was acquired by Grand Metropolitan in 1989 (Grand Met later merged with Guinness in 1997 to become Diageo), the company was spun off. As a major liquor distributor selling such brands as Bombay gin, J&B and other spirits, Grand Metropolitan was bound by ""Tied house"" laws that prohibited liquor distributors from owning liquor retailers. S&A management, underwritten by Metromedia, led the leveraged buyout of S&A in 1991."
"same name. It was widely and incorrectly believed that the Beastie Boys were referring to a different drink made from a 40-ounce container of malt liquor mixed with orange juice. However, Mike D has publicly confirmed that the premixed Heublein cocktail was their muse. In 1982, the R. J. Reynolds Tobacco Company acquired Heublein Inc. for $1.4 billion. RJR Nabisco sold the division to Grand Metropolitan in 1987. Grand Metropolitan merged with Guinness to form Diageo in 1997. After several years of absence from the market the Brass Monkey premixed cocktail has recently been re-released as ""The Club Brass Monkey."""
"Grand Metropolitan. Grand Met originally planned to sell it after the purchase, but ended up reorganizing the division into two separate groups for procurement (Burger King Purchasing [BKP]) and distribution (Burger King Distribution Services [BKDS]). The move resulted in the layoff of over a hundred staff members. In 1992, Burger King and its franchises formed Restaurant Services Inc. (RSI), an independent purchasing cooperative, which covered 100 percent of BK stores in the United States. The creation of RSI was based on a proposal by then-CEO Barry Gibbons create an organization that would be autonomous from BK corporate operations, provide full"
"unit on the Pant Glas Industrial Estate Bedwas in Mid Glamorgan. A few years later was joined by his brother and sister, selling pies to local fish and chip shops under the name Peter's Savoury Products. In 1976, the business moved to a new factory at Bedwas House Industrial Estate, to enable distribution down the M4 motorway and eventually into London. In 1988, the business was sold to Grand Metropolitan for in excess of £95m. Peters Savoury Products purchased Henry Telfers van sales business in August 1989. After Grand Metropolitan merged with Guinness to form Diageo, the food businesses were"
"in the United States and Canada. In 1989, the British company Grand Metropolitan (later Diageo) purchased the food maker, and during this ownership period the company divested itself of all production and distribution facilities (contracting these functions to other companies), making itself simply a marketing entity for its own brands (Pillsbury, Green Giant, Old El Paso, Totino's, etc.) In 2001, Diageo sold Pillsbury to its old rival, General Mills. However, the baking products division was sold to International Multifoods Corporation, which was later acquired by Smucker's. Pillsbury sold all of their restaurant brands and exited the business completely by the"
"1966, its name changed into Guinness Malaysia Berhad (GMB) which was maintained until 15 November 1989. The company evolved from the merger of Guinness Malaysia Berhad and Malayan Breweries (Malaya) Sdn Bhd (MBM) in 1989, whose parent companies were Guinness Overseas Ltd and Malayan Breweries Ltd (the present Asia Pacific Breweries Limited) respectively. Following the merger, a new joint venture company was formed with GAPL Pte Ltd as the holding company of Guinness Anchor Berhad (GAB) whilst MBM became a dormant wholly owned subsidiary of GAB. On 7 October 2015, GAB announced that Heineken N.V. acquired the remaining shares owned"
"the distillery was opened, but it had cheapened the quality of the brand in the U.S. market, focusing instead on Asia and Europe (especially Japan, where the product became a top brand of bourbon). They then took the brand off the U.S. market entirely. United became Diageo in 1997 when Guinness merged with Grand Metropolitan, and Diageo continues to own the brand but no longer owns the distillery. The modern Bernheim distillery is not to be confused with the prior Bernheim distillery sites. The Bernheim distillery was purchased by Heaven Hill Distilleries in 1999, and it was substantially refurbished to"
"Grand Metropolitan Hotels into Inter-Continental and its sibling chain Forum Hotels. GrandMet sold the chain to the Saison Group in 1988, which in turn sold it to Bass in 1998. Two years later, Bass divested itself of its namesake brewing business and renamed itself Six Continents, focusing on hotels. In 2003, the entire company was renamed InterContinental Hotels Group, with the original InterContinental chain one of numerous brands today within the company. InterContinental InterContinental Hotels & Resorts is a hotel brand founded in 1946 as a subsidiary of Pan American World Airways. In 1945, U.S. President Franklin D. Roosevelt and"
"expanded production by tripling the number of coal-fired stills from two to six, outifitting them with steam-heated coils. They continued improvements in 1968 by constructing large mechanical floor maltings next to the distillery that could meet the needs of not only their operation but seven other Scottish Malt Distillers. Glen Ord, however, continued to use their own saladin boxes until 1983. In 1985 DCL, including its subsidiary Scottish Malt Distillers, merged with Guinness. The resultant grain and malt distilling enterprises were organised under the name of United Distillers Ltd. In 1997 Guinness and Grand Metropolitan merged to form Diageo, with"
"the continued growth of the Tex-Mex food sector. In October 1995 he joined the Grand Met board of directors and assumed additional responsibility for Grand Met's Paris-based European food operations. In 1996 he was made chairman and president of Pillsbury. ""Investors Chronicle"" described Pillsbury as ""well managed"" under his leadership. Walsh was credited with re-energising the company, and operating profits grew from $250 million to $660 million between 1992 and 1996. In 1997, Grand Met merged with Guinness, a major drinks concern, and the new company was named Diageo. In 1999 Walsh returned to England, and was elected chief operating"
"market in England for bottled Scotch whisky and set about producing his own, the ""Buchanan Blend"". He went into business on his own in 1884 as ""James Buchanan & Co"". In 1898, James Buchanan was given the Royal Warrant to supply the Royal Household with Buchanan's Whisky to Queen Victoria and the Prince of Wales. The company joined Distillers Company in 1925. Distillers was acquired by Guinness in 1986, and Guinness merged with Grand Metropolitan to form Diageo in 1997. Buchanan's offerings have generally performed very well at international Spirit ratings organizations. The De Luxe 12-year, for example, earned a"
"documented his travels while publicizing the Dewar name. Dewar's eventually expanded their product by constructing the Aberfeldy Distillery in 1896. The company joined Distillers Company in 1925. Distillers was acquired by Guinness in 1986, and Guinness merged with Grand Metropolitan to form Diageo in 1997. Diageo sold Dewar's to Bacardi the next year. Dewar’s rose to prominence in the United States when Andrew Carnegie requested a small keg of Dewar’s Scotch whisky be sent to the White House upon President Benjamin Harrison’s inauguration. Carnegie also sent the same gift to President James Garfield on his inauguration eight years later. In"
"features a characteristic ""tang"", the company has refused to confirm whether this type of blending still occurs. The draught beer's thick, creamy head comes from mixing the beer with nitrogen and carbon dioxide. It is popular with the Irish, both in Ireland and abroad. In spite of declining consumption since 2001, it is still the best-selling alcoholic drink in Ireland where Guinness & Co. Brewery makes almost €2 billion worth of the beverage annually. The company moved its headquarters to London at the beginning of the Anglo-Irish Trade War in 1932. In 1997, Guinness plc merged with Grand Metropolitan to"
"1961 and changed its name to Grand Metropolitan Hotels Ltd in 1962. It diversified into catering acquiring Bateman Catering in 1967 and then Midland Catering in 1968. It then bought Express Dairies in 1969, the Berni Inn chain, and the Mecca bingo halls in 1970. Next came its move into brewing, when in 1972 it bought Truman, Hanbury & Buxton and Watney Mann including the latter's subsidiary International Distillers & Vintners which owned the J&B whisky, Bailey's Irish Cream, Gilbey's gin, Piat wine and Croft sherry and port brands, as well as the European and Commonwealth rights to Smirnoff vodka."
"Marketing Director for Cokoladovny a Nestle/Danone joint venture. Jon left Nestle to join Guinness Brewing Ltd in December 1997 as European Marketing and Business Development Director responsible for the company's portfolio of brands across Continental Europe. Guinness and IDV merged to create a new company, Diageo, a premium drinks company that is the world's largest producer of spirits, where Jon Potter went on to hold various Senior Leadership roles within this newly merged company. Between October 2000 and 2004, he was the Global Brand Director for the Guinness brand before moving onto become first Commercial Director for Diageo Africa in"
"in Modern Languages (French and Spanish) from Brasenose College, Oxford. Yea joined 3i in July 2004, after a career spanning both public and private companies, having been a managing director at Investcorp, where his main focus was on the performance of portfolio investments. He joined Investcorp in 1999 from Diageo. He spent six years as group finance director, both at Guinness and then at Diageo after Guinness's merger with Grand Metropolitan in 1997. Yea's thirteen-year career at Guinness/Diageo mainly involved financial positions but also saw him in a number of wider-ranging roles including the chairmanship of The Gleneagles Hotel and"
"Bateman Catering and Midland Catering were acquired by conglomerate Grand Metropolitan in 1967 and 1968 respectively and a management buy-out from Grand Metropolitan followed in 1987 when the Compass Group was formed. Compass Group was first listed on the London Stock Exchange in 1988. Eurest, one of the company's US subsidiaries, was launched in the United States in 1996 to provide dining services to local, regional and national companies within the business and industry markets, including employee dining centers, on-site catering, vending, executive dining rooms, and other managed services. Compass Group purchased Morrison Management Specialists and then merged with Granada"
"invented, followed by Pimm's No. 5 Cup and Pimm's No. 6 Cup in the 1960s. The brand fell on hard times in the 1970s and 1980s. The Oyster House chain was sold and Pimm's Cup products Nos. 2 to 5 were phased out due to reduced demand in 1970 after new owners The Distillers Company had taken control. The Distillers Company was subsequently purchased by Guinness PLC in 1986 and Pimm's became part of Diageo when Guinness and Grand Metropolitan merged in 1997. In 2005, Pimm's introduced Pimm's Winter Cup, which consists of Pimm's No. 3 Cup (the brandy-based variant)"
"it was suggested that the Japanese company was overpaying for the chain; one analyst described their valuation of Intercontinental as ""off the chart"". Saison sold the chain in 1998 for $2.8 billion, having added a further 87 hotels. Following the divestment, Walsh joined Grand Met's US-headquartered food division as CFO. In 1989, Grand Met used the proceeds from the Intercontinental sale to initiate a hostile takeover of Pillsbury, owner of the Green Giant and Häagen-Dazs brands, for $5.7 billion. The Grand Met offer was held by analysts to be a generous one for a struggling company that was under-performing in"
"McGrath of Grand Metropolitan. Anthony Greener was the first executive chairman. Shares in Diageo began trading on the London Stock Exchange on 17 December 1997. Diageo owned Pillsbury until 2000 when it was sold to General Mills. In 2002, Diageo sold the Burger King fast food restaurant chain to a consortium led by US firm Texas Pacific for $1.5 billion. In February 2011, Diageo agreed to acquire the Turkish liquor company Mey Icki for $2.1 billion. In May 2012, Diageo agreed to acquire Ypioca, the largest-selling brand of premium cachaça in Brazil, for £300 million. In June 2012, Diageo announced"
"in Montreal and elsewhere in Quebec. GUS (retailer) GUS plc was a FTSE 100 retailing group based in the United Kingdom. GUS is an abbreviation of Great Universal Stores, the company's name before 2001. On 10 October 2006, the company was split into two separate companies: Experian which continues to exist, and Home Retail Group which was bought by Sainsbury's in 2016. Universal Stores was founded in 1900 as a mail-order business in Manchester, England by Abraham, George and Jack Rose. A private company, Universal Stores (Manchester) Ltd, took the business over, and the company was incorporated in 1917. In"
"third in the last four years of the decade. However, in 1971 Truman's became the centre of a bidding war between Grand Metropolitan and Watney Mann. Eventually, Grand Metropolitan won and then immediately turned its attention to Watney Mann. Upon taking over Watney Mann, Grand Metropolitan then merged it with Truman's. Grand Metropolitan made many changes to the company, including changing the name to Truman, creating a new brand, switching to kegs and changing the beer - all decisions that proved to the detriment of the company. These mistakes were realised in the 1980s when casks were brought back along"
"as a clerk with the Matchbox Toys company. While with the firm, he progressed through various accounting roles to become Chief Management Accountant in 1974. He also, during that time, qualified as an Associate Chartered Management Accountant. In 1974, he left Matchbox to work for Lex Vehicle Leasing as a management accountant. He then rose through the company before being appointed finance director. In 1980, he joined the UK franchise of Coca-Cola, owned at that time by Grand Metropolitan. In 1983 he was appointed managing director of Grand Metropolitan's international services division. In 1987 he led the successful £163m management"
"1964, the company changed its registered name to Ushers Brewers Ltd. Watney Mann itself merged with Grand Metropolitan Hotels in 1972. In 1990, a management buyout created a reconstituted Ushers Brewers Ltd, together with an estate of wholly owned smaller pubs, deemed by Grand Metropolitan to be too small or not capable of redevelopment. The new company began acquiring pubs to provide a distribution network, under a holding company called Innspired Pubs. By 1999 the brewery side of the business was ""not cost effective"" despite running at full capacity. Subjected to an unsuccessful management buyout, the Trowbridge brewery site closed"
"Chef & Brewer Chef & Brewer is a chain of around 127 licensed traditional pub restaurants in the United Kingdom, owned by the Greene King subsidiary, the Spirit Pub Company. The concept is providing more up market pub food and those in the chain have been re-furbished. Grand Metropolitan , which later formed part of Diageo, sold Chef & Brewer pubs to Scottish & Newcastle in 1993 in a part cash, part debentures deal of £708 million. In 2003, Scottish & Newcastle auctioned off the Chef & Brewer chain, which was acquired by the Spirit Group. In 2005 the Spirit"
"category. In addition to these businesses, Mars also operates a chain of premium chocolate shops called Ethel M Chocolates. These shops are an outgrowth of the Ethel M premium chocolate business that Forrest Mars started in Las Vegas in 1980, when he became bored with retirement. On April 28, 2008, Mars, Incorporated, together with Berkshire Hathaway Incorporated, announced the buyout of Wm. Wrigley Jr. Company, the world's largest chewing gum producer, for $23 billion in an all-cash deal. The two companies together generate sales in excess of $30 billion. The company spent more than $1.8 million on lobbying during 2008,"