Tilaknagar Industries (TI), a leading manufacturer of diversified Indian-made-foreign-liquor (IMFL) brands and known for its flagship Brandy labels `Mansion House' and Courrier Napoleon', has executed the agreement and acquired the complete IMFL business of the Kolkata based IFB Agro. According to the terms of the agreement executed between the two companies, the trademarks of all IMFL brands of IFB Agro stands transferred to TI. TI will also take over all the employees working in the IMFL division of IFB Agro.
The Boards of both the companies have already approved the acquisition paving the way for transfer of all the IMFL brands from IFB Agro's portfolio into that of TI. With this, TI has brought into its fold IFB Agro's Vodka brand 'Volga' and `Blue Lagoon' Gin - two of the most popular brands of the later in eastern Indian markets of West Bengal, Assam and Odisha. The acquisition is thus set to expand the already existing robust IMFL product brand line of Tilaknagar Industries and add some of other premium brands like Leonov, Russki (Vodka), Goldcup, Benjamin (Brandy), Jubilation (Rum), 3 Cheers (Whisky) and Baluba (Rum) those are currently manufactured by IFB Agro.
Tilaknagar Industries is one of the renowned Indian Made Foreign Liquor players including whisky, brandy, gin, rum and vodka with presence across India. The company manufactures markets and sells more than 40 brands across all price points.
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