Diageo India to acquire 97.07% stake in NAO Spirits, making it a subsidiary; total investment pegged at Rs 130 crore ...

Diageo India acquires majority stake in NAO Spirits for ₹130 crore, boosting craft spirits portfolio and market presence.

Diageo-controlled United Spirits is acquiring a “majority controlling stake” in Indian distiller Nao Spirits. The deal, ...

This strategic move will see NAO Spirits become a subsidiary of Diageo India, further solidifying the company's commitment to India's growing premium craft spirits segment.

Diageo India is acquiring a majority stake in NAO Spirits for Rs 130 crore. NAO Spirits, known for brands like 'Greater Than' ...

Diageo India's acquisition of a majority stake in Nao Spirits is underway. The enterprise value is estimated at Rs 130 crore.

United Spirits Ltd (USL), the Indian arm of global liquor major Diageo Plc, is acquiring homegrown craft spirits maker Nao Spirits & Beverages Pvt. Ltd in a deal valued at about ₹ 110 crore, it said ...

Diageo India to acquire majority stake in NAO Spirits for Rs 130 crore, marking a significant move in the Indian craft spirits market. The acquisition will see NAO Spirits become a subsidiary of ...

NAO Spirits & Beverages Private Limited makes premium Indian craft gin brands, Greater Than and Hapusa. Shares of United ...

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 ...

At a press conference this week, drinks giant Diageo revealed a mixed bag of results ... is the low and no-alcohol category of spirits, which is surpassing traditional booze by a wide margin ...