M&A

M&A

Allied Blenders and Distillers acquires rival Fullarton Distilleries' brands for Rs.40-Cr

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Mumbai-headquartered Allied Blenders and Distillers (ABD), which makes Officer's Choice whisky, has completed the acquisition of all the brands and other intellectual property rights from fellow Mumbai-based Fullarton Distilleries for INR 39.5 crore. The acquisition includes brands such as Woodburns Contemporary Indian Whisky, Pumori Small Batch Gin, and Segredo Aldeia Rum.Woodburns currently operates in six states and union territories, with expansion plans underway for other markets. Pumori and Segredo Aldeia have established a strong on-trade presence in Maharashtra and Goa.