Thursday, 22 June 2017

George Clooney And Rande Gerber Sell Casamigos Tequila Company For $1 Billion



George Clooney,56 and his business partner, Rande Gerber, are  celebrating the sale of Casamigos Tequila to the alcoholic beverages company Diageo in what could amount to a whopping billion dollars.
The purchase price for the tequila company was $700 million with an additional $300 million to be earned depending on the performance of the product over the next 10 years.

"If you asked us four years ago if we had a billion dollar company, I don't think we would have said yes," "This reflects Diageo's belief in our company and our belief in Diageo. But we're not going anywhere. We'll still be very much a part of Casamigos. Starting with a shot tonight. Maybe two." 

-George Clooney

 "We created Casamigos Tequila four years ago for us to drink personally and selling it for $1 billion is something we never could have imagined,"We remain committed to our brand and look forward to our future with Diageo and continuing our work with our dedicated and passionate Casamigos team." Gerber -- who is married to Cindy Crawford -- was also thrilled about the big sale.

from Entertainment to night.

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