Desnoes & Geddes

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Desnoes & Geddes Limited
Type Public (JSE: DG)
Industry Beverages
Founded 1918
Headquarters Kingston, Jamaica
Key people Richard Byles Chairman
Products Beers, lagers, malt beverages
Revenue JMD 9.13 billion ($148 million) (2005)
Employees 750 (2007)
Website www.redstripebeer.com

Desnoes and Geddes Limited (D&G) is a Jamaican brewer and beverage producer. It was formed in 1918 by Eugene Peter Desnoes and Thomas Hargreaves Geddes, who combined their two shops into one business.[1]

Products[edit]

D&G produces one of Jamaica's best-known exports, Red Stripe beer, and also exports Old Jamaica Ginger Beer. It brews other malt beverages for the local market under the brand names Red Stripe Light, Dragon Stout, Malta (nonalcoholic), Smirnoff Ice, Guinness, and Heineken.

Dragon Stout

Dragon was introduced in 1920.[2] Its brewing process utilises a Grade A two-row European malt, caramel, roasted malt and dark brown sugar.[3]

Ownership[edit]

Only a small portion of D&G's shares are publicly traded. British beverage group Diageo PLC is the ultimate parent company with a 58 percent holding in D&G through Udiam Holdings AB of Sweden.[4] Diageo have owned the company since 1993.[5]

D&G also made soft drinks, including the popular Ting, but sold that division to PepsiCo in 1999.

References[edit]