Latest Insights

India: Everyone's Favourite Spirits Market 2 Jul 2014

Finally, after almost 20 months, Diageo has got what it initially wanted in India. The company today (2 July) confirmed it now holds the majority of shares in United Spirits. This achievement, however, has cost way more than Diageo initially expected; to the tune of around US$1bn.

Will Diageo's United Spirits buy raise spirits? 15 Apr 2014

As expected, Diageo has stepped up its bid to take majority control of India’s United Spirits Ltd (USL). The UK-headquartered company has launched a tender offer for a further 26% stake in the UB Group unit, which, if successful would raise its stake to around 55%.

Analysis - India optimism good for drinks 2 Apr 2014

A survey of consumers in India has revealed that alcoholic beverages may have the most to gain from high levels of optimism in the country.

just Five Years Ago: Diageo eyes United Spirits 29 Oct 2013

Five years ago this week talk of Diageo taking a stake in United Spirits first emerged. It set in train a series of events that this year saw the Smirnoff producer secure control of the Indian spirits firm.

just the Facts - Tilaknagar Industries 8 Aug 2013

Earlier this week, Tilaknagar Industries posted its Q1 results. At the same time, local reports suggested that Suntory and Pernod Ricard are both considering making a move to buy a 15% to 20% stake in the Indian spirits firm.

Latest News

United Spirits to buy India factory for IMFL boost 15 Jul 2014

United Spirits has agreed a deal to acquire J P Impex Incorp's Karnataka factory for INR115m (US$1.9m).

United Spirits' shareholders approve W&M sale 7 Jul 2014

Shareholders in United Spirits have approved the sale of its Scotch whisky unit, Whyte & Mackay, to the Philippines' Emperador Inc.

Diageo breaks 50% control of United Spirits 2 Jul 2014

Diageo has confirmed the completion of its latest tender offer for shares in United Spirits and is now the majority controller of the Indian firm.

Grover Vijay Amritraj Reserve Collection 1 Jul 2014

Indian wine company Grover Zampa has partnered with former tennis professional Vijay Amritraj to launch two wines in the UK.

Allied Blenders & Distillers plans premium whisky 25 Jun 2014

Allied Blenders & Distillers (ABD) is aiming to launch its first “premium” whisky brand in India by the end of this year, according to local reports.

Diageo nears United Spirits majority control 20 Jun 2014

Diageo is hoping to confirm early next month that it has secured majority control of India's United Spirits after it has verified the amount of public shares it has acquired from a second open offer.

Coca-Cola forced to shut Indian bottling plant 19 Jun 2014

The Coca-Cola Company has been forced to close one of its Indian bottling plants for allegedly using too much groundwater, but says it is “confident” operations will resume after an appeal.

United Spirits delays reporting full-year results 18 Jun 2014

United Spirits, the Diageo-controlled spirits firm, is delaying the disclosure of its full-year results due to problems with debtors and an outstanding loan.

Cerana Beverages lines up Indian craft beer launch 13 Jun 2014

Cerana Beverages has secured funding from private investors for the launch of a craft beer brand in India.

United Breweries Holdings MD departs 13 May 2014

United Breweries Holdings Ltd (UBHL) has confirmed that its managing director has left the group after less than a year in the role.