Diddy Discusses Tequila Venture
January 8, 2014 @ 3:56 PM EST
News
Drinks On P.
Puff’s pouring it up again. Today, it was announced that Ciroc’s parent company Diageo, has acquired tequila brand DeLeon. In statement, Puff said he was excitted about his latest endeavor.
“Celebration is a cornerstone of all my businesses, and this joint venture is a natural extension of that portfolio. Expanding our relationship with Sean Combs into tequila was a natural choice given Sean’s ability to galvanize support for luxury brands, as we’ve seen with our work together on Cîroc. Ultra-premium and above tequila is a very exciting segment – we already have a strong brand there with Don Julio and are pleased to complement that offering with DeLeón.”
Actually Combs Wine’s & Spirits along with Diageo bought Deleon not just Diageo. It’s a 50/50 ownership/partnership.
This statement doesn’t sound like Diddy himself spoke on it. Misleading title.
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