Tilaknagar Industries, a leading Indian distiller, is reportedly looking to raise USD500 million to acquire the renowned whisky brand, Imperial Blue, from French spirits giant Pernod Ricard.
According to media reports, the company has engaged Kotak Mahindra Bank and Avendus Capital to secure the funding. The financing strategy is expected to involve a mix of debt and equity, with a larger portion coming from debt.
Imperial Blue, launched in 1997, is a popular blend of Indian grain spirits and Scotch malts. The acquisition aligns with Pernod Ricard’s ongoing global restructuring, offering Tilaknagar an opportunity to expand its portfolio in the competitive Indian spirits market.
The deal, if finalised , could significantly bolster Tilaknagar’s presence in the premium whisky segment, capitalising on the growing demand for quality spirits in India.
