News

INDIA/UK: Jagatjit Industries acquires George Sinclair & Sons Scotch brands - report

Most popular

Should Campari Group be renamed Aperol Group?

Why water has become more important than wine

just-drinks speaks to A-B InBev CEO Carlos Brito

just-drinks' M&A database - Oct 18

MORE

Jagatjit Industries has acquired a number of Scotch whisky brands from George Sinclair & Sons, according to local reports. 

Deepankar Barat, president of the Delhi-based group, was cited late last week as saying that Jagatjit has acquired a “few” brands from the Scottish distiller, the Economic Times reported. “The first one King Henry VIII is being introduced in select markets right now. This will be followed by Clan Sinclair,” Barat was reported as saying. 

Financial details of the deal are not being disclosed “at the moment”, Barat added.

Jagatjit Industries currently owns the Aristocrat whisky and vodka brands, both of which operate in the country's “prestige sector” with a RRP of INR180 (US$3.30) per bottle. 

Wider interest in India's burgeoning whisky market has increased after Diageo announced earlier this month that it had agreed to take a 53.4% stake in United Spirits.

India's duty rate on Scotch imports is currently 150%, but this is expected to fall as the country looks at lowering its economic barriers to international trade.


Related Content

What can the spirits and wine industries learn from Moet Hennessy? - Comment

What can the spirits and wine industries learn from Moet Hennessy? - Comment...

Scotch whisky sees sales turn corner - SWA head

Scotch whisky sees sales turn corner - SWA head...

Diageo unveils Scotch-based trial products

Diageo unveils Scotch-based trial products...

Diageo readies

Diageo readies "not quite as sincere" Scotch whisky release...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?