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Allied Blenders Acquires UP Distillery for Rs 110 Crore
16 Jan
Summary
- Allied Blenders will acquire a distillery in Uttar Pradesh.
- The total investment for the acquisition and upgrades is Rs 110 crore.
- The acquisition aligns with the company's growth and backward integration strategy.
On 16 January 2026, Allied Blenders & Distillers' board approved the significant acquisition of a distillery and bottling facility located in Uttar Pradesh. The non-operational asset, including land, building, plant, machinery, and licenses, will be purchased from National Industrial Corporation (NICOL) for an initial consideration of up to Rs 70 crore, plus statutory levies.
Further investment of up to Rs 40 crore is allocated for upgrading ground infrastructure and establishing a new bottling unit. This brings the total aggregate investment to Rs 110 crore. Definitive agreements for this strategic acquisition have been finalized, marking a key step in the company's expansion.
This acquisition is a deliberate move to bolster Allied Blenders' backward integration capabilities and align with its overarching growth strategy. The company aims to leverage this new facility to enhance its operational efficiencies and market presence.
