Allied Blenders and Distillers (ABDL) is set to acquire a non-operational distillery and bottling facility in India from liquor maker National Industrial Corporation (NICOL).
In a regulatory filing on Friday (16 January), the Indian spirits group said it will pay up to Rs700m ($7.7m) for the assets, which are located in Moradabad, Uttar Pradesh. The deal covers land, buildings, plant, machinery and licences.
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Additionally, ABDL will invest up to Rs400m to upgrade ground infrastructure and establish a bottling unit at the facility.
“The proposed acquisition is in line with the growth strategy and to enhance backward integration capabilities of the company,” ABDL said in the regulatory filing.
The Moradabad site also includes “adequate” land to expand existing capacity.
ABDL added the acquisition will increase its Indian-made foreign liquor (IMFL) bottling capacity in Uttar Pradesh.
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By GlobalDataThe transaction is expected to close by 31 July, with the facility upgrade scheduled to be completed within 12 months of closing.
Just Drinks has contacted ABDL for further comment on the rationale of the deal.
ABDL markets brands such as Officer’s Choice Whisky, Sterling Reserve and ICONiQ White whisky.
Last week, the company announced the appointment of Scotch whisky specialist Dr Martin Leonard as a consultant to advise on the commissioning of a distillery.
The construction of the single-malt distillery at Rangapur, Telangana, is underway. The company expects to commission the site in the fourth quarter of its 2026 financial year.
Last September, ABDL commissioned a PET bottle manufacturing facility in Rangapur. The plant, which involved capital expenditure of about Rs1.15bn, is designed to produce more than 600 million PET bottles annually.
In August, the spirits maker abandoned its plan to acquire a 51% majority stake in alcoholic and non-alcoholic beverage producer Good Barrel Distillery.
