Balcones: Diageo snaps up American Single Malt Whisky distiller Balcones Distilling

US - Multinational alcoholic beverage company, Diageo plc, has acquired American Single Malt Whisky in the United States, Balcones Distilling ('Balcones'), making the first full-scale acquisition of the company in the American single malt category. This deal of an undisclosed amount was financed through the London-headquartered firm's existing cash resources. Founded in 2008 in Waco,...