Diageo acquires Don Papa Rum from Philippines for €440 M - FFOODS Spectrum

Taking Don Papa Rum into the next chapter of its development British alcoholic beverage company Diageo has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines. The upfront consideration is €260 million with a further potential consideration of up to €177.5 million through to 2028 subject to performance, reflecting

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Diageo Has Acquired Don Papa for P15.48 Billion

Diageo to acquire Don Papa Rum, a super-premium, dark rum from the Philippines

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