Who Owns Don Julio?
Don Julio is owned by Diageo, a publicly traded British multinational alcoholic beverages company. Diageo acquired the brand through its purchase of a majority stake in 2014. Diageo is headquartered in London, UK.
Parent Company
Diageo plc
Acquired
2014
Status
Publicly Traded
Headquarters
London, United Kingdom
Who Owns Don Julio?
- Parent Company: Diageo plc
- Ownership Type: Wholly owned
- Acquisition Year: 2014
- Company Type: Publicly Traded
- Stock Ticker: LSE: DGE
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Don Julio | Diageo plc | Wholly owned |
History of Don Julio
- Founded: 1942
- Founders: Don Julio Gonzalez
- Acquired by Diageo plc: 2014
Don Julio tequila was founded in 1942 by Don Julio Gonzalez-Frausto Estrada, who began distilling tequila at the age of 17 in the highlands of Jalisco, Mexico. This founding vision demonstrated exceptional insight into the growing demand for premium spirits while establishing a distinctive approach that would define the premium tequila category for generations. Gonzalez was a perfectionist who believed that tequila could be elevated from a rough, inexpensive spirit into a refined, sipping-quality product. He pioneered several production techniques that became industry standards, including planting agave plants farther apart to allow each plant to grow larger and develop more complex sugars. This strategic innovation demonstrated Don Julio's exceptional ability to create differentiated spirits solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Gonzalez established La Primavera distillery in Atotonilco el Alto, in the Los Altos (highlands) region of Jalisco. This strategic location demonstrated Don Julio's exceptional ability to identify optimal production conditions while maintaining consistent brand positioning and quality standards. The highland location, at approximately 6,500 feet above sea level, produces agave with higher sugar content and a sweeter, more fruity flavor profile compared to lowland agave. This terroir distinction became a key differentiator for Don Julio's tequila. This strategic positioning demonstrated Don Julio's exceptional ability to serve multiple market segments while maintaining its core brand identity and market leadership in the premium spirits industry.
For decades, Don Julio tequila was produced primarily for local consumption and was not widely distributed outside of Mexico. This period of local focus demonstrated Don Julio's exceptional ability to create refined spirits solutions while maintaining consistent brand positioning and quality standards across regional markets. The brand's reputation grew through word of mouth among tequila connoisseurs who recognized the exceptional quality of Gonzalez's products. It was not until the 1980s and 1990s that Don Julio began to be distributed more broadly in Mexico and internationally. This strategic expansion demonstrated Don Julio's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple geographic markets.
The brand's breakthrough in the premium market came with the introduction of Don Julio 1942, an anejo tequila aged for a minimum of two and a half years in American white oak barrels. This revolutionary product demonstrated Don Julio's exceptional ability to create groundbreaking spirits solutions while establishing a competitive advantage in the premium spirits market. Named after the year Gonzalez began distilling, Don Julio 1942 became one of the most sought-after premium tequilas in the world, retailing for approximately $150-175 per bottle. The distinctive tall, slender bottle and smooth, complex flavor profile made it a status symbol in bars, restaurants, and nightclubs. This strategic product development demonstrated Don Julio's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the premium tequila segment.
Diageo initially acquired a 50% stake in Don Julio in 2003 through a joint venture with the Beckmann family. This strategic integration demonstrated Don Julio's exceptional ability to integrate into larger spirits corporations while maintaining its core brand identity and cultural significance in the tequila industry. In 2014, Diageo completed its acquisition of the remaining 50% through the brand swap deal, giving it full ownership. Under Diageo's stewardship, Don Julio has experienced explosive growth, driven by the broader premium tequila boom in the United States and globally. This continued evolution demonstrates Don Julio's exceptional ability to maintain market leadership while benefiting from corporate resources and global distribution networks. The brand has expanded its range to include Don Julio Blanco, Reposado, Anejo, 70 (a cristalino), 1942, and the ultra-premium Real tequila. This continued diversification demonstrated Don Julio's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the premium spirits industry.
Don Julio Gonzalez passed away in 2012, but his legacy lives on through the brand that bears his name. The distillery continues to use many of the traditional production methods he established, including slow-cooking agave in brick ovens and using natural spring water from the highlands. This continued commitment to tradition demonstrates Don Julio's exceptional ability to maintain market relevance while adapting to changing technological advancements and consumer preferences. The brand's continued success represents a significant milestone in the evolution of premium spirits and consumer-focused tequila solutions.
About Diageo plc
What does Diageo own?
Diageo owns a portfolio of approximately 200 alcoholic beverage brands including Johnnie Walker Scotch whisky, Guinness stout, Smirnoff vodka, Don Julio tequila, Baileys Irish cream, Captain Morgan rum, Crown Royal Canadian whisky, Tanqueray gin, Bulleit bourbon, and Cîroc vodka. The company also holds a 34.2% stake in Moet Hennessy, the wines and spirits division of LVMH, giving it indirect exposure to the Hennessy cognac and Moet & Chandon champagne brands. Diageo's brands are sold in nearly 180 countries.
Is Diageo publicly traded?
Yes, Diageo plc is listed on the London Stock Exchange under ticker DGE and on the New York Stock Exchange as an American Depositary Receipt under ticker DEO. The company has been publicly listed since its formation in 1997 through the merger of Grand Metropolitan and Guinness. Diageo does not have a controlling shareholder, and its shares are held primarily by institutional investors.
Who founded Diageo?
Diageo was formed on 17 December 1997 through the merger of Grand Metropolitan plc and Guinness plc. Grand Metropolitan was a British conglomerate that owned Smirnoff, Baileys, and J&B, among other brands. Guinness plc owned the Guinness stout brand, Johnnie Walker, and a portfolio of other spirits. The merged entity was named Diageo, a name derived from Latin and Greek roots intended to convey global reach.
Where is Diageo headquartered?
Diageo is headquartered in London, United Kingdom. The company maintains its registered office and principal executive offices in London. Diageo's operational footprint spans the United Kingdom, Ireland, the United States, Scotland, Jamaica, Mexico, India, and Canada, among other countries. The company's Scotch whisky operations are centered in Scotland, where it operates numerous distilleries.
How many brands does Diageo own?
Diageo owns approximately 200 alcoholic beverage brands across spirits, beer, and wine. Of these, 13 brands each generate over one billion US dollars in annual net sales. These billion-dollar brands include Johnnie Walker, Guinness, Smirnoff, Don Julio, Baileys, Captain Morgan, Crown Royal, Tanqueray, Bulleit, J&B, Buchanan's, Windsor, and Cîroc. The company also holds a 34.2% stake in Moet Hennessy, which owns additional premium brands.
Who owns Diageo?
Diageo plc is a publicly traded company with no controlling shareholder. The company's shares are held primarily by institutional investors including major asset managers and pension funds. No single shareholder holds a majority stake in Diageo. The company is incorporated in England and Wales and is subject to UK corporate governance requirements, including a board with a majority of independent non-executive directors.
What is Diageo's revenue?
Diageo reported net sales of approximately 20.2 billion US dollars for the fiscal year ended 30 June 2025, with organic net sales growth of 1.7%. The company's fiscal year runs from 1 July to 30 June. Free cash flow for FY2025 was approximately 2.7 billion US dollars. Diageo's revenue has faced headwinds from unfavorable foreign exchange movements and challenging macroeconomic conditions in key markets including the United States and Greater China.
- Founded: 1997
- Headquarters: London, United Kingdom
- Company Type: Publicly Traded
- Stock: LSE: DGE
Where Is Don Julio Made / Based?
- Headquarters: London, United Kingdom
- Manufacturing / Operations: Jalisco, Mexico
Brands Owned by Diageo plc
- Baileys - Irish cream liqueur brand, the world's best-selling cream liqueur, produced by D...
- Captain Morgan - Brand of spiced rum and other rum-based spirits, one of the best-selling rum bra...
- Crown Royal - Canadian blended whisky brand created by Seagram in 1939, now owned by British m...
- Guinness - Irish dry stout beer brand, one of the world's most recognized and best-selling ...
- Johnnie Walker - Scottish brand of blended Scotch whisky, the world's best-selling blended Scotch...
- Smirnoff - Global vodka brand, the world's best-selling vodka by volume, produced by Diageo...
Don Julio Ownership: Pros & Cons
Advantages
- +Leading ultra-premium tequila brand with exceptional growth trajectory
- +Authentic Mexican heritage dating to 1942
- +Don Julio 1942 is one of the most sought-after premium spirits globally
- +Diageo's global distribution network drives international expansion
- +Premium tequila category experiencing sustained consumer demand growth
Considerations
- -Premium pricing limits accessibility to mass-market consumers
- -Agave supply constraints can affect production costs and availability
- -Intense competition in the growing premium tequila category
- -Dependence on single distillery location for all production
- -Cultural authenticity concerns with British corporate ownership of Mexican heritage brand
Frequently Asked Questions About Don Julio
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Don Julio
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Brown Forman | USA | 1866 | Mass Market | North America | All Genders | |
| Ab Inbev | Mexico | 1925 | Mass Market | Latin America | All Genders | |
| Lvmh | France | 1765 | Luxury | Europe | All Genders | |
| Constellation Brands | Mexico | 1925 | Mass Market | Latin America | All Genders |
Learn More About Competitors

Jack Daniel's
Owned by Brown-Forman Corporation
American brand of Tennessee whiskey, one of the best-selling whiskey brands in the world.

Corona
Owned by Anheuser-Busch InBev SA/NV
Mexican beer brand known for its light lager served with a lime, one of the best-selling imported beers worldwide.

Hennessy
Owned by LVMH
French cognac brand renowned for exceptional quality and global prestige, owned by LVMH.

Modelo
Owned by Constellation Brands, Inc.
Mexican beer brand including Modelo Especial, America's best-selling beer since 2023.
Competitive Analysis
Market Positioning: Don Julio competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Diageo plc Stock Information
Jobs at Diageo plc
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