Acquisitions1 Dec 2025, 09:11 am
Tilaknagar Industries Completes Acquisition of Imperial Blue Business Division from Pernod Ricard India
AI Summary
Tilaknagar Industries Limited (TI) has completed the acquisition of the Imperial Blue business division (IB) from Pernod Ricard India Private Limited (PRI) via a slump sale for a lump-sum consideration of INR 3,442 crore. The acquisition has been funded through a mix of internal cash accruals, fresh equity and external debt. The transaction includes the 'Imperial Blue' brand and allied trademarks, a Transitional Services and Manufacturing Agreement (TSMA) with PRI, and access to certain shared units. The acquisition significantly scales up TI's business, representing a decisive step in its ambition to build a pan-India presence across all IMFL categories and accelerates its premiumisation journey.
Key Highlights
- TI has completed the acquisition of Imperial Blue business division from Pernod Ricard India for INR 3,442 crore
- The acquisition has been funded through a mix of internal cash accruals, fresh equity and external debt
- TI gains access to the ‘Imperial Blue’ brand and allied trademarks, and a long-term supply agreement with Chivas Brothers for Concentrated Alcoholic Beverage (CAB)
- The transaction includes a Transitional Services and Manufacturing Agreement (TSMA) with PRI and access to certain shared units
- The acquisition significantly scales up TI's business and accelerates its premiumisation journey