Diageo will invest £1bn in expanding and constructing distilleries to meet the global demand for Scotch whisky.
The drinks giant says the investment will spread over five years involving the expansion of existing distilleries and the construction of a new distillery in Speyside or the Highlands. The millions of litres of additional Scotch whisky produced will need a greater warehousing capacity which the investment will also finance. If global demand for Scotch…
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