News

INDIA: United Spirits snaps up stake in Liquidity

Most popular

Pernod is buying Malfy for the flavour - comment

The just-drinks Analyst returns

Is Carlsberg treating consumers like suckers

The just-drinks Analyst returns

Oddbins owner considers sale - just-drinks thinks

MORE

United Spirits has acquired a controlling stake in US alcoholic drinks company Liquidity Inc.

The spirits unit of Indian company United Breweris Group confirmed late last week that it has bought a majority stake in the speciality vodka company through its Cyprus-based subsidiary Zelinka. The purchase cost United Spirits US$3m.

No further details were given by United Spirits, as it announced the transaction in a filing to the Bombay Stock Exchange.

In May, United Spirits acquired Scotch whisky firm Whyte & Mackay for $1.18bn after a protracted negotiation period.


Sectors: Spirits

Companies: Whyte and Mackay

Related Content

Stillhouse Spirits Co goes up against Bacardi in legal row

Stillhouse Spirits Co goes up against Bacardi in legal row...

Diageo chases US$185m in United Spirits fund diversions linked to Vijay Mallya

Diageo chases US$185m in United Spirits fund diversions linked to Vijay Mallya...

This week in spirits & wine, featuring the latest on-premise trends, Highland Park's new position and an online shop from Moet Hennessy

This week in spirits & wine, featuring the latest on-premise trends, Highland Park's new position an...

"Halewood was a business that just didn't know where it was going" - Interview, Stewart Hainsworth, ...

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?