10
Monday
December 2018
7:55 AM IST
News Headlines
Kohli booed by Australian fans, Head, Ponting critical of crowd behaviour        Pujara, Rahane put India in driver's seat        Prabhu links creativity & business opportunities to cheap beverages in Goa        Merkel gets boost with ally's party win        Rouhani warns weakened Iran less able to fight trafficking        More than 225 terrorists killed in J&K so far this year: Army        Glad key people shedding fear, breaking silence on govt decisions: Chidambaram        Modi used surgical strikes for 'political capital': Rahul        Krishnamurthy Subramanian appointed as Chief Economic Advisor for 3 years        Indian Super League: Kerala Blasters' Hopes Hanging By A Thread After Defeat Against Pune City        31st GST Council to meet on Dec 22 in Delhi        Trump may nominate Heather Nauert as UN Ambassador: Reports        Qatar injects more cash into Gaza for Hamas employees        TN Governor meets Modi, discusses issues of state        Rajasthan records 74 per cent turnout        Start is Good, Need to Carry Momentum in World Cup: Sardar Singh        Man Utd fight back again but Arsenal extend unbeaten run in four-goal thriller        Cabinet Approves Policy to Double Farm Exports to $60 Billion by 2022        Singer Mika Singh Detained in Dubai for Sending Obscene Messages to 17-year-old: Reports        Conditions Met for Assange to Leave Embassy in London, Says Ecuador President        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
US-based Sazerac Company buys stake in John Distilleries
 
(Bengaluru, Oct 20, 2017): John Distilleries Private Limited (JDPL), a leading liquor maker in India, today announced that Sazerac Company, a family-owned spirits company in the United States has acquired an equity stake in it.

Sazerac, owners of brands including Fireball, Southern Comfort, Buffalo Trace Bourbon, Pappy Van Winkle Bourbon and E H Taylor Bourbon, had acquired an equity stake in JDPL from Gaja Capital, who would continue to remain partially invested in the company, a release said.

This strategic partnership marks Sazerac's entry into the Indian market, one of the largest and fastest growing markets for spirits in the world, it added.

"Sazerac's technological expertise coupled with a global portfolio of brands spread across all spirit categories will be an added advantage for JDPL both in domestic and in global markets. We look forward to this partnership with Sazerac and in continuing to make our brands even stronger," JDPL's chairman and managing director Paul John said.

JDPL claims to be a leading spirits company in India with gross revenues of over Rs 28 billion in FY17.

With sales of more than 13 million cases, JDPL's portfolio includes Original Choice Whisky, Bangalore Malt, Paul John Single Malt (PJSM) and Big Banyan wines.

"We are extraordinarily excited to be able to establish this partnership in India, and look forward to working with Paul John and his team in supporting JDPL's iconic brands," said Sazerac Company's pPresident and chief executive officer Mark Brown.

Jefferies India acted as the exclusive financial advisor to Gaja Capital and Sazerac was advised by Rabobank. (PTI)


Prabhu links creativity & business opportunities to cheap beverages in Goa
31st GST Council to meet on Dec 22 in Delhi
Cabinet Approves Policy to Double Farm Exports to $60 Billion by 2022
RBI keeps key rates unchanged
NTPC wins 85 MW solar capacity in UP Govt tender
Maintain status on currency management, HC tells SBI
Amway India enters herbal skincare space
New 2018 Maruti Suzuki Ertiga Launched In India, Prices Start At ? 7.44 lakh
Centre's New Move May Escalate Feud With RBI Ahead Of Board Meet: Report
Air India eyes Rs 800 cr from sale of over 70 properties
Intel India opens design house costing Rs 1,100 cr at B'luru
Sensex rebounds 332 pts on easing crude, rupee gains
Govt mulls second round of 2,500 MW medium-term PPA auction
India invites Swedish companies to explore investment opportunities
Govt cancels ED officer Rajeshwar Singh's leave
Facebook blocks 115 accounts ahead of US midterm elections
Indian norms on PCA, capital are conservative, rule-based: SBI
SBI back in black on credit growth
TN transport employees threaten to go on strike
Ease of biz ranking: Indian can improve further, says Jaitley
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim  
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
INTERNATIONAL NEWS
Merkel gets boost with ally's party win
 Hamburg, Dec 8 (AFP) The victory in a party leadership battle of a close ally of Angela Merkel great
Rouhani warns weakened Iran less able to fight trafficking
Trump may nominate Heather Nauert as UN Ambassador: Reports
Qatar injects more cash into Gaza for Hamas employees
NATIONAL NEWS
More than 225 terrorists killed in J&K so far this year: Army
 Kapurthala (Punjab), Dec 8 (PTI) More than 225 terrorists have been killed in Jammu and Kashmir so f
Glad key people shedding fear, breaking silence on govt decisions: Chidambaram
Krishnamurthy Subramanian appointed as Chief Economic Advisor for 3 years
TN Governor meets Modi, discusses issues of state
Untitled Page
Rashtra Deepika LTD
Copyright @ 2018 , Rashtra Deepika Ltd.