ABD Acquires Global Rights To Mansion House & Savoy Club via €1.23 Mn UTO Asia Buyout
By Shishta Dutta | Updated at: Jun 12, 2025 06:58 PM IST
Allied Blenders and Distillers Ltd (NSE: ABDL | BSE: 544203) has acquired 100% equity in Singapore-based UTO Asia Pte. Ltd. for a total consideration of €1.225 million, excluding stamp duty and levies, securing global ownership (barring select Asian territories) of the renowned ‘Mansion House’ and ‘Savoy Club’ brands.
Acquisition Snapshot
| Target Entity | UTO Asia Pte. Ltd. (Singapore) |
|---|---|
| Stake Acquired | 100% Equity |
| Consideration | €1,225,000 (approx. ₹11 crore) |
| Effective Date | Immediate, post board approval and execution |
| New Structure | Wholly-owned subsidiary of ABD |
| SEBI Regulation Cited | Regulation 30, SEBI (LODR) Regulations, 2015 |
Brand Rights Post-Deal
| Brand Name | Mansion House, Savoy Club |
|---|---|
| Rights Acquired | Worldwide brand ownership (title, rights, interest) |
| Territories Excluded | Singapore, Malaysia, Indonesia, Philippines, Thailand, Cambodia, Vietnam, Laos, China, Myanmar |
This strategic move gives ABD comprehensive international control of the Mansion House and Savoy Club portfolios, with the exception of a few Southeast Asian markets, strengthening its global presence in the spirits industry.
What does the management say?
“The acquisition of UTO Asia and global brand rights is a key milestone in ABD’s international growth strategy,” the company said in its media note. “It enhances brand visibility, reinforces ABD’s competitive positioning, and unlocks opportunities in key export markets.”
Allied Blenders and Distillers’ stock performance
Allied Blenders and Distillers shares gained 32.95% in the last year, a 1.53% dip in the year-to-date, and 20% in the previous month.
About Allied Blenders and Distillers
Allied Blenders and Distillers Ltd., headquartered in Mumbai, is India’s largest domestic spirits company by annual sales volume. Its portfolio includes leading brands such as Officer’s Choice Whisky, Officer’s Choice Blue, Sterling Reserve, and ICONiQ White Whisky. The company operates through 36 manufacturing units, including 9 owned bottling facilities and 2 distilleries.
REF: https://nsearchives.nseindia.com/corporate/ABDINDIA_10062025232750_SE_Intimation_-_Media_Note_sd.pdf
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