Diageo has completed its acquisition of Chase's premium spirits brand
The acquisition of Chase Distillery by global drinks brand Diageo has now been finalised for an undisclosed sum.
Announced in October last year, the conclusion of the deal follows the Competition and Markets Authority’s confirmation of regulatory clearance on February 11.
"Everything has gone through," said Chase director James Chase. "This starts an exciting new chapter for the brand in Herefordshire.
"It will be business as usual," he added. "As a family we will still have the site and the distillery and other tenants on the site will not be affected, and for the very short term, things won't change for the brand but over the long term, more resources will be invested in the site and in the shop."