Mumbai: In a significant strategic move, the Board of Directors of Allied Blenders and Distillers Limited (ABD) has approved the acquisition of 100% equity share capital of UTO Asia Pte. Ltd., a Singapore-based company. The decision was made during a board meeting held on June 10, 2025. The acquisition, valued at Euros 1,225,000 (excluding stamp duty and levies), has been concluded with immediate effect following the execution of binding transaction documents.
As a result of this transaction, UTO Asia becomes a wholly-owned subsidiary of ABD.
UTO Asia is engaged in the business of liquor, spirits, and wines and is the legal and beneficial owner of the worldwide right, title, and interest in the brands ‘Mansion House’ and ‘Savoy Club’, excluding certain territories (Singapore, Malaysia, Indonesia, Philippines, Thailand, Cambodia, Vietnam, Laos, China, and Myanmar).
The acquisition enables ABD to gain worldwide ownership of the Mansion House and Savoy Club brands (barring the excluded territories), aligning with its strategic global expansion objectives. The move is aimed at bolstering ABD’s control over its flagship brands internationally, expanding brand presence, and driving business growth in key global markets.
This development reinforces ABD’s position as a prominent player in the alcoholic beverages industry and marks a pivotal step in its journey to scale operations and strengthen brand equity on a global platform.
