Business

Ryan Reynolds-backed gin bought in $610m deal

August 18, 2020 7:43 am

Ryan Reynolds will remain the face of Aviation for 10 years. [Source: BBC]

Hollywood actor Ryan Reynolds has become the latest celebrity to cash in on the popularity of premium spirits.

Drinks giant Diageo has bought the gin brand he co-owns, Aviation American, along with three other spirits as part of a $610m (£460m) deal.

Mr Reynolds, who starred in the Deadpool films, has agreed to remain the face of Aviation for the next 10 years as part of the agreement.

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He follows George Clooney and David Beckham in striking deals with Diageo.

Mr Reynolds, who was among the highest-paid actors this year after appearing in the Netflix films 6 Underground and Red Notice, became a shareholder in Aviation American Gin in 2018.