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Som Distilleries' proposed arm acquires Brewery in Odisha

05 Jul 2018 Evaluate

Som Distilleries & Breweries’ proposed subsidiary -- Som Distilleries & Breweries Odisha has acquired a Brewery in the State of Odisha. The facility to be operational in the next 3-4 months. The unit has been acquired at a cost of Rs 46 crore. The capacity of the unit is 42 lakh cases per annum. The expected expenditure of another Rs 25-30 crore on the up-gradation of the manufacturing asset.

Som Distilleries & Breweries is engaged in the business of brewing, fermentation, bottling, canning and blending of beer and Indian made foreign liquor.

Peers
Company Name CMP
United Spirits 1411.20
United Breweries 1217.60
Radico Khaitan 4483.95
India Glycols 297.25
Globus Spirits 819.15
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