Diageo has announced that it will acquire Texas-based Balcones Distilling for an undisclosed sum.
Balcones' American single malt whiskey range includes the Texas "1" American Single Malt, Lineage American Single Malt, and Baby Blue Corn Whisky.
“Balcones started with an idea driven by an innovative spirit and passion to create something original and authentic in the heart of Texas.
Now, we couldn’t be prouder to have created these award-winning American single malt and Texas whiskeys, but also to have helped initiate an exciting new era of whiskey in Texas.
We are thrilled that Diageo shares our belief in its potential and we look forward to seeing Diageo bring Balcones’ incredible whiskeys to more consumers.”
- Greg Allen, Balcones Distilling Chairman
The acquisition comes on the back of a spate of acquisitions by spirits giants, including Campari's acquisition of American whiskymaker Wilderness Trail.
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