Diageo India to fully acquire Greater Than parent co for Rs 110 crore

Diageo's Indian arm, United Spirits Ltd, is set to acquire 100% of Nao Spirits & Beverages, the maker of Greater Than and Hapusa craft gins, in a Rs 110 crore deal. This acquisition signifies Diageo's strategic expansion into India's rapidly growing premium craft spirits market. Post-acquisition, Diageo plans further investment to scale Nao Spirits' brands alongside its global gin portfolio.

Most Recent