Inbrew closes in on Imperial Blue buy, may say cheers with TPG

18 hours ago · Private equity group TPG is evaluating a plan to join Inbrew Beverages to acquire Imperial Blue, the third-largest whiskey brand in the country, from French drinks giant Pernod …

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Inbrew, TPG Reportedly To Blend Offer For Imperial Blue

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10 hours ago · Inbrew, TPG Reportedly to Blend Offer for Imperial Blue 2025-02-06: CI Altus Power to Be Bought by TPG for Roughly $2.20 Billion in Take-Private Deal Feb. 06: MT Altus …

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FAQs about Inbrew closes in on Imperial Blue buy, may say cheers with TPG Coupon?

Will Imperial Blue be sold to inbrew beverages?

Mint was the first to report the sale plans of Imperial Blue on September 4. In May 2022, in a similar move, aimed at focusing on brands like Johnnie Walker whiskey, Pernod Ricard's global rival Diageo's arm United Spirits sold 32 low-margin, locally produced brands like Haywards, Old Tavern and Green Label to Inbrew Beverages for $106 million. ...

Who owns inbrew beverages?

Competing bidders include Inbrew Beverages, owned by Ravi S. Deol, and the TPG Capital. This famous Indian whisky brand is up for sale, companies competing to buy it are… India’s leading whisky brand, Imperial Blue or famously known as IB is about to be sold, and two major companies are in the race to acquire it. ...

Who is buying Imperial Blue Whisky from Pernod Ricard?

The Economic Times daily newspaper is available online now. Ravi S Deol's Inbrew Beverages and TPG Capital are bidding to acquire Imperial Blue whisky from Pernod Ricard. Due diligence will begin soon, with final bids to follow. Imperial Blue, launched in India in 1997, is the country's third-largest whisky brand. ...

Is Imperial Blue a premium brand?

This trend underscores the shift among multinational liquor companies towards premium brands that, despite lower sales volumes, yield higher profits. Imperial Blue, originally part of The Seagram Co Ltd portfolio, became a Pernod Ricard brand in 2001 after the French company Diageo acquired Seagram's global spirits and wine businesses. ...

Will Imperial Blue be sold?

The potential sale of Imperial Blue comes two years after Pernod Ricard's competitor, Diageo, divested several low-margin brands, including Haywards, Honey Bee, and Romanov. This trend underscores the shift among multinational liquor companies towards premium brands that, despite lower sales volumes, yield higher profits. ...

Who owns TPG & inbrew?

TPG and Inbrew, which is led by serial entrepreneur Ravi S Deol, had submitted competing non-binding bids for the brand last year. ET was the first to report this October 28. With annual sales of 270 million cases in 2024, India is the largest whiskey market in the world by volume. ...