Diageo, the world's largest spirits maker, said on Monday it was buying Aviation American Gin, co-owned by Hollywood actor Ryan Reynolds, through the acquisition of Aviation Gin and Davos Brands for up to $610million.The Deadpool actor became the face of Aviation Gin after purchasing a partial stake in the company in February 2018.Diageo acquired Aviation Gin and its majority owner Davos Brands, which owns three other spirit brands - Astral Tequila, Sombra Mezcal and Tyku Sake - for an initial payment of $335million.The deal also includes an additional $275million if sales continue to impress over the next decade.
Cheers! Ryan Reynolds' Aviation Gin has sold to the beverage giant Diageo for $335million and stands to make another $275million.
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