MoneyWorks4Me

United Spirits to enter into Franchise Agreement with Enrica Enterprises

09 Nov 2013 Evaluate

United Spirits has received an approval for the Franchise Agreement with Enrica Enterprises pursuant to which Enrica Enterprises will bottle the company’s brands and in consideration for this bottling arrangement, the company will earn royalty income. The board of directors at its meeting held on November 08, 2013 has approved for the same.

United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.

Peers
Company Name CMP
United Spirits 1366.75
United Breweries 1240.40
Radico Khaitan 4345.00
India Glycols 280.95
Allied Blenders&Dist 635.65
View more..