Tilaknagar Industries acquires Pernod Ricard's Imperial Blue whiskey biz for Rs 4,150 crore
This acquisition, the largest in the Indian alcoholic beverages space by an Indian company, fast-tracks TI's foray into the whisky segment, the largest IMFL category in India. It also expands TI's distribution reach and supports its ambition to become a truly pan-India player having strong scale across both brandy and whisky with a combined volume of 34 million 9-litre cases for the year ended March 2025.
The proposed transaction includes the acquisition of the IB, with 22.4 million 9-litre cases sold in the year ended March 2025 across India and other markets, including two owned units and services from co-manufacturing bottlers across India.
'Having achieved leadership in the brandy segment, it is now time for us to broaden our portfolio and cater to India's diverse and evolving consumer base. While we continue to grow our business organically, this strategic acquisition allows us to enter the whisky category with one of the country's most trusted and admired brands,' said Amit Dahanukar, Chairman and Managing Director, Tilaknagar Industries.
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