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Tilaknagar Industries buys India's third-largest whisky brand, Imperial Blue, for ₹4,150 crore.
Tilaknagar Industries, an Indian spirits company, has acquired the third-largest whisky brand in India, Imperial Blue, from Pernod Ricard for about ₹4,150 crore.
The deal includes a deferred payment of ₹282 crore to be paid four years later.
Pernod Ricard is focusing on premium brands, while Tilaknagar aims to strengthen its position in the whisky market.
The acquisition is expected to enhance Tilaknagar's portfolio and distribution network.
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Tilaknagar Industries compra la tercera marca de whisky más grande de la India, Imperial Blue, por ₹4,150 crores.