Sean "Diddy" Combs, Diageo and DELEON® Tequila Primed for Luxury Tequila Takeover Joint Venture Takes DELEON® Tequila to "The Next Level"
Today, Diageo –the global leader in beverage alcohol – and Sean Combs unveil a newly-expanded portfolio from the luxury brand, DELEON® Tequila, that brings the extraordinary product to a broader group of consumers through new Platinum and Reposado variants, starting at $60 MSRP. This launch marks the first release from the Diageo and Combs Wine & Spirits joint venture since the DELEON® Tequila acquisition was announced in January 2014."Consumers are embracing ultra-premium and luxury tequilas, and the exceptional new DELEON® line will find an expanded audience of believers," said Larry Schwartz, President, Diageo North America. "With Sean as our joint venture partner, I am confident in DELEON®'s potential to succeed and believe that it will play an increasingly important role in achieving Diageo's tequila ambition."
Leading the DELEON® Tequila line-up is the new Platinum. Un-aged and unrivaled in finish, DELEON® Platinum Tequila ($60 MSRP per 750ml) is a provocative Blanco with a rich, complex agave honey that is slow-fermented and twice-distilled. During the second distillation, the head and tail of the distillate are cut to preserve only the most sought-after liquid. This allows the DELEON® Tequila brand to achieve Platinum's remarkable smoothness and retain its depth of character. As Diageo and Sean Combs embark on their next venture, keeping social responsibility at the core of the brand is key to a successful launch and ensuring only consumers over 21 will enjoy the exceptionally smooth drinking experience.
The complete DELEON® Tequila collection delivers six distinctive variants – three ultra-premium and three luxury– made from the finest, hand-selected 100% Blue Weber agave sourced from the rich earth of the Los Altos region of Jalisco. The DELEON® Tequila Ultra-Premium line achieves a high level of smoothness and exceptional quality with Platinum, Reposado and Anejo (available Summer 2015) expressions ranging from $60-$75 MSRP per 750ml. The DELEON® Tequila Luxury line, priced between $150-$850 MSRP per 750ml, boasts the complex profiles of Diamante, a joven, Extra Anejo –– and the exquisitely bold and refined Leona – selected from the DELEON® private reserves, long-aged and rested in both American Oak and French Sauternes casks.
"True luxury is about pushing boundaries to boldly define a way of life," said Sean Combs, Chairman of Combs Wine & Spirits. "With the creation of DELEON® we accepted nothing but the best because we know DELEON® drinkers desire and expect the best tequila on the market – and that's exactly what we've delivered. I fell in love with DELEON® when I first tasted it and I hope you will too."
DELEON® Platinum and Reposado will be available in November 2014 at participating stores nationwide with Anejo hitting markets in Summer 2015. The DELEON® Tequila Luxury line, including Diamante, Extra Anejo and Leona, will become available in December 2014. For more information on DELEON® Tequila, visit: www.deleontequila.com.
DELEON® Tequila was initially created in the Guanajuato region, home to the town of Leon and the town of Purisima del Rincon. DELEON® launched in 2009 to an elite following in Hollywood and the U.S. music industry. Purchased in 2014 by a joint venture between business mogul and international icon Sean Combs and the world's largest spirits company Diageo, DELEON® Tequila defies conventions to establish a new standard of luxury in tequila. The DELEON® portfolio boasts six provocative ultra-premium and luxury expressions made from the finest, hand-selected 100% Blue Weber agave sourced from the highlands of Jalisco. By instilling an innovative blend of traditional yet unique tequila making processes, DELEON® Tequila curates exquisite smoothness and abundant character. For more, information visit: www.deleontequila.com.
Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits, beer and wine categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan's, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.
Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.
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About Combs Wine & Spirits
Combs Wine & Spirits is a privately owned, premium spirits and wine business founded and created by Sean "Diddy" Combs in 2013. The company, based in New York, NY, is now a partner with Diageo on DELEON® Tequila. The Blue Flame agency, another of Sean's enterprises, has collaborated with Diageo in marketing Ciroc ultra-premium vodka in the U.S. since 2007.