Globus Spirits is all set to forge a joint venture (JV) partnership with ANSA McAL, a diverse conglomerate with a rich Caribbean heritage. Under this agreement, Globus Spirits and ANSA McAL will establish an equally owned joint venture in India. The primary objective of this venture is to engage in the manufacturing, sourcing, and distribution of beer in India, with the initial focus placed on introducing the world-renowned Carib beer brand to the Indian market.
The Joint Venture company aims to leverage the diverse expertise and resources of both Globus Spirits and ANSA McAL to deliver high-quality products and expand market presence within India. The joint venture signifies the commitment of both companies to strategic partnerships and its shared vision for growth and innovation.
Globus Spirits (the Group) is primarily engaged in the business of manufacture and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol hand sanitizer and Franchise Bottling.
| Company Name | CMP |
|---|---|
| United Spirits | 1281.10 |
| United Breweries | 1421.10 |
| Radico Khaitan | 3475.75 |
| India Glycols | 1152.65 |
| Allied Blenders | 591.65 |
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