Tilaknagar eyes Dec 2025 for Imperial Blue takeover

Tilaknagar Industries Ltd. (TI) is set to complete its acquisition of the whisky brand Imperial Blue by December 2025, subject to approval from the Competition Commission of India (CCI), according to media reports.

As reported, Amit Dahanukar, Chairman & Managing Director of Tilaknagar Industries, said the acquisition of the Imperial Blue business division from Pernod Ricard India is pending CCI approval, which the company expects to receive by the end of this calendar year.

The company had earlier signed definitive agreements with Pernod Ricard to acquire the Imperial Blue division in a deal valued at around ₹4,150 crore. The transaction, among the largest by an Indian company in the alcoholic beverage sector, includes trademarks of Imperial Blue and related assets such as ‘Imperial Black’ and ‘Imperial Red.’

According to reports, Tilaknagar Industries has said that Imperial Blue will serve as the base for its premium portfolio strategy, strengthening its presence in whisky and brandy, the two largest IMFL categories.