None
EN
Spirits Giant Diageo Sells Stake in Popular Australian Whisky Brand Starward
['David Morrow', 'David Morrow Is A Whiskey Critic', 'The Editor In Chief Of The Daily Pour', 'Has Been With The Company Since', 'David Has Worked In Journalism Since', 'Has Had Bylines At Sports Illustrated', 'Def Pen', 'The Des Moines Register', 'The Quad City Times.', 'David Holds A Bachelor Of Arts In Communication Saint Louis University']
The Daily Pour
Starward Whisky has returned to full founder ownership after David Vitale acquired all remaining shares in the Melbourne-based distillery, ending Diageo and other minority shareholder involvement in the business, Drinks International reported Tuesday.
Vitale, who founded Starward in 2007, had stepped back from leading the company before Diageo-backed Distill Ventures began supporting the brand in 2015.
“It’s been more than ten years since I last led Starward,” Vitale said, according to Drinks International.
The change in ownership places Starward among a growing group of founder-controlled whisky brands operating outside global spirits conglomerates.
Drinks International first reported the ownership change.