Tilaknagar Industries to Acquire Imperial Blue Brands from Pernod Ricard for INR 4,150 Crores

Tilaknagar Industries Limited has announced the acquisition of the Business Undertaking of Pernod Ricard India Private Limited related to the production, bottling, marketing, and sale of alcoholic and other beverages under the Imperial Blue Brands. The deal is valued at € 412.6 million (approx. INR 4,150 crores) including a deferred payment of €28 million. The acquisition aims to create a pan-India IMFL business and strengthen the Company's distribution network. The transaction is subject to approval from the Competition Commission of India and is expected to be completed in 6 months.