“We have stated our ambition to grow the business both organically and through acquisitions. We will, however, not be drawn on speculation as to who those talks are with at any given time,” a spokesman for Kyndal said.
INDIA: Kyndal back in the race for UDV whiskies
The Scotch whisky company, Kyndal, is reported to have joined the race to buy the whisky brands being sold by UDV India. According to the Indian business press, Kyndal has made a bid for the brands through its wholly-owned subsidiary, Kyndal India Ltd. The company would not comment on the speculation.
July 26, 2002