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Guinness PLC |
Also found in: Wikipedia, Hutchinson | 0.06 sec. |
Guinness PLCManufacturer of distilled liquors and brewer of a distinctive, dark, creamy stout. It originated in Dublin, where Arthur Guinness bought a small brewery in the late 18th century. From 1799 the brewery produced only Guinness stout, which became known as the national beer of Ireland. Incorporated in 1886 as Arthur Guinness Son and Co. Ltd., it did not become a public limited company until 1982. In 1955, to help settle trivia disputes in pubs, it began publishing The Guinness Book of Records, which has become perhaps the best-selling book (annually) in the world. In 1997 it merged with Grand Metropolitan PLC, the parent company of Burger King, to form the London-based Diageo PLC. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The investment is Buffett's first overseas foray since he sank $265 million into Guinness PLC, the Irish beer maker. Prior to that he was Group Finance Director of Amersham International plc and Nycomed Amersham plc, Director of Financial Planning and Control at Guinness plc, and a Partner at Price Waterhouse. Major brand names that would be part of GMG Brands, the new company to be formed by the merger of Guinness PLC and Grand Metropolitan PLC: |
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