Diageo is a holding company. Through its subsidiaries, Co. is an international manufacturer and distributor of drinks. Co. is engaged in the beverage alcohol industry with a collection of brands across spirits and beer. Co.'s global products include Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray and Guinness. Local products include Buchanan's, Bundaberg, Crown Royal, JeB, McDowell's, Old Parr, Yeni Raki, Black & White, Shui Jing Fang, Windsor and Ypioca. Co.'s ready to drink products also include ready to serve products, such as pre-mix cans in some markets. Co.'s beer includes cider, flavoured malt beverages and some non-alcoholic products such as Malta Guinness.