Diageo pours £10M into Danish Whisky

From the drinks business: Diageo is investing over £10 million into Danish whisky brand Stauning, it announced on Saturday. The funding will allow Stauning to produce 50 times the 15,000 litres it currently produces per year. Stauning was started by nine people in 2005, and is now increasing its number of stills from four to 20.

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£10 million = $15,069,000 in US currency

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Credit: Ramesh SA, Flickr