Table 2 Diageo’s global expansion through acquisitions in key emerging markets17-22
| Region | Diageo investment |
|---|---|
| China | Received approval from Chinese authorities to become sole shareholder in Shui Jing Fang ( formerly Chengdu Quanxing Group), July 2013 |
| Purchased controlling stake in Chengdu Quanxing Group (premium baijiu manufacturer), 2011 | |
| Africa | Agreed to 50:50 joint venture in United National Breweries traditional sorghum beer business |
| Purchased Meta Abo Brewery in Ethiopia, 2011; expanded local production, 2012/13 | |
| India | Purchased majority share in United Spirits, July 2013 |
| Middle East | Purchased Mey Icki (producer of Yeni Raki) in Turkey, 2011 |
| Latin America | Purchased Ypioca (major spirits producer) in Brazil, 2012 |