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Acquisition

United Spirits invests in Nao Spirits & Beverages

United Spirits Limited announced it has invested Rs 31.50 crore in Nao Spirits & Beverages Limited.

With this investment, Company enters the Indian provenance premium craft gin segment, complimented by its world class premium & luxury gin portfolio of Gordon’s and Tanqueray, the statement said.

As an alcohol beverage company, NAO is engaged in the business of development, marketing & selling of craft alcoholic beverage products, both within and outside India.

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