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Pincon Spirit buys bottling unit of Nicols at Asansol

07 Dec 2015 Evaluate

Pincon Spirit has acquired bottling unit of Indian Made Indian Liquor (C.S. Liquor) of National Industrial Corporation (Nicols) situated at Asansol, West Bengal. Indian Made Indian Liquor (C.S. Liquor) brand of Pincon Spirit i.e. Bangla No. 1 is one of the largest selling brands in West Bengal. Asansol, being a coal mining belt in West Bengal, is having very high demand for Indian Made Indian Liquor (C.S. Liquor).

The Company has acquired the unit to produce Bangla No. 1 for achieving major market share in this area in its Indian Made Indian Liquor (C.S. Liquor) segment.

Pincon Spirit is engaged in the business of Blending, Bottling and Wholesale Distribution of Indian Made Foreign Liquor (IMFL) Products viz. Rum, Whisky, Vodka, Brandy and Beer (alcoholic beverage).

Peers
Company Name CMP
United Spirits 1338.20
United Breweries 1188.20
Radico Khaitan 4268.00
India Glycols 298.60
Allied Blenders&Dist 679.40
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