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For Rs 105 crore
United Breweries announced that post completion of various formalities with regard to endorsement of statutory licenses in the name of United Breweries Limited, the brewery assets viz., land, building, plant, machinery etc. of Pacific Spirits, located at Shahjahanpur, district Alwar, Rajasthan have been acquired by United Breweries at a negotiated consideration of Rs. 105 crore.With this acquisition, the Company will be able to expand its production capacity in the State Rajasthan to cater to the expected further growth in the market.
Pacific Spirits has not been operational for a while and the Company will further invest to make the brewery operational before the coming season. This acquisition will also create additional employment opportunities in the vicinity, upon the brewery becoming operational.
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