Allied Blenders and Distillers Ltd (ABD), one of India’s leading alco-bev companies, has announced the acquisition of 100% equity in Singapore-based UTO Asia Pte Ltd, thereby securing global rights to the ‘Mansion House’ and ‘Savoy Club’ brands.
The acquisition was approved by ABD’s board and has taken effect immediately following the signing of a binding transaction document. With this development, UTO Asia becomes a wholly-owned subsidiary of ABD. The deal grants ABD full ownership of the worldwide rights, title, and interest in the Mansion House and Savoy Club brands, with the exception of select markets including Singapore, Malaysia, Indonesia, the Philippines, Thailand, Cambodia, Vietnam, Laos, China, and Myanmar.
The acquisition, valued at EUR 1.225 million (approximately Rs. 11.92 crore, excluding stamp duty and levies), is aimed at strengthening ABD’s strategic footprint in global markets and expanding its premium and value-segment portfolio.
“This acquisition aligns with ABD’s long-term growth strategy, allowing full control of the Mansion House and Savoy Club brands globally—while taking into account regional dynamics in key territories,” the company stated.
The move comes on the heels of ABD’s public listing in July 2024. The company reported a consolidated income of Rs. 8,094.02 crore in FY25. In addition to its new global acquisitions, ABD continues to grow its portfolio of established Indian brands, including Sterling Reserve, Officer’s Choice, and Officer’s Choice Blue.
