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WHISKY BRAND ACQUISITION
'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
John Distilleries open to further stake sale to Sazerac, founder saysJohn Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...
JM Financial initiates ‘Buy’ on this liquor stock. Check target, upside potentialIndian stock markets, including the Sensex and Nifty, experienced a significant downturn, erasing early gains and falling sharply. Initial ...
Tilaknagar Industries completes acquisition of Imperial Blue business from Pernod Ricard IndiaThe lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Bu...
Tilaknagar Industries shares rise over 1% as CCI approves Rs 4,150 cr acquisition of Imperial Blue whisky bizTilaknagar Industries share price: Tilaknagar Industries received CCI approval to acquire Pernod Ricard India’s Imperial Blue whisky busine...
CCI approves Tilaknagar Industries proposal to acquire Pernod Ricard's Imperial Blue bizFair trade regulator CCI has approved Tilaknagar Industries' acquisition of the Imperial Blue whisky business from Pernod Ricard India. The...
Tilaknagar Industries acquires Imperial Blue from Pernod RicardPernod Ricard is set to sell its Imperial Blue whisky business to Tilaknagar Industries, pending regulatory approval. This move allows Pern...
ABD acquires Pumori gin and Woodburns whiskey; strengthens premium spirits portfolioAllied Blenders and Distillers has acquired brands Pumori gin and Woodburns whiskey from Fullarton Distilleries for nearly Rs40 crore. This...
Allied Blenders & Distillers firms up plans to acquire 3 brands in whisky segmentAllied Blenders and Distillers (ABD), the third largest Indian IMFL (Indian-made foreign liquor) company in the country, has firmed up plan...
I Brands Beverages to foray into 3 countries in FY17Bangalore-based spirits firm I Brands Beverages plans to enter Vietnam, Laos and Thailand in the next fiscal year as part of its market exp...
ABD looks at domestic acquisitions, capacity additionKishore Chhabria-promoted Allied Blenders and Distillers Pvt Limited is looking at domestic acquisitions as well as capacity additions.
Suntory bursts into India with $16bn Beam buySuntory will now rival Diageo and Pernod Ricard in India's top-end lifestyle drinks market, also the most profitable.
Som Group eyes Rs 3,000 crore from liquor business in next four yearsDiversified firm Som Group aims to almost double its revenues from the liquor business to Rs 3,000 crore in the next four years.
United Spirits deal a game-changer for DiageoFor Diageo, the world's biggest drinks company, the United Spirits deal is likely to produce just the kind of high it has been looking for.
- Tilaknagar Industries takes QIP route to raise Rs135 cr
Maharashtra-based Tilaknagar Industries, the spirit company with sales of over Rs1,000 crore, has raised Rs135 crore through qualified inst...
- Mallya plans to roll out Whyte & Mackay's value brands
Vijay Mallya’s Whyte & Mackay acquisition story was anchored on peddling Scotch to the large Indian whisky consuming market. Kingfisher Dri...
- UK SPV on the cards to finance deal
The Vijay Mallya-promoted UB Group will float a special purpose vehicle called United Spirits Great Britain to buy Whyte & Mackay (W&M) in ...
- UB paying 25% more for Whyte & Mackay
UB group’s proposed acquisition of Whyte & Mackay at a potential enterprise value of $1.38 billion will come at a 25% premium to global pee...
- UB's bid for Mackay hits price hurdle
Whyte & Mackay is the seventh-largest Scotch maker in Scotland with a turnover of $283 million.
- MNCs ready to pop all corks to take on Indian spirits mkt
MNCs are gearing up to give a tough fight to the 120-m cases Indian spirit market, by producing and marketing Bottled-in-India variety of g...