ABD to buy 50% stake in Kion Blenders
Officer’s Choice owner Allied Blenders and Distillers (ABD) has agreed to buy a 50% stake in Kion Blenders Industries to enhance its distillation capacity.
Indian spirits producer ABD was approved by its board to acquire up to a 50% stake in Kion, a new Indian distilling business established in August 2025.
ABD said the proposed deal is in line with its growth strategy and would help the business expand its distillation capacity across key markets.
Kion’s business includes distilling, blending, bottling, packaging, storing, distributing, importing, exporting, marketing, and trading alcohol.
The deal will also create a 200 kilolitres-per-day (KLPD) dual-mode distillery that will produce extra neutral alcohol, ethyl alcohol and ethanol. This facility will be set up by Kion at Vizianagaram, Andhra Pradesh, with a planned investment of approximately ₹300 crores (US$33 million).
ABD and the other shareholder in Kion will invest up to ₹45 crore (US$5.4m) each in tranches.
As part of the transaction, Kion will become a subsidiary of ABD.
The purchase of the stake is expected to be completed by June 2026, subject to regulatory approval.
The potential deal comes just weeks after ABD agreed to purchase a non-operational distillery and bottling facility in Uttar Pradesh for up to ₹70 crore (US$7.7m).
Last summer, ABD backed out of a deal to buy a majority share of Good Barrel Distillery.
ABD’s portfolio includes Indian whiskies Officer’s Choice, Iconiq White Whisky, and Sterling Reserve Premium Whiskies.
Officer’s Choice was the fourth biggest-selling Indian whisky in 2024, according to The Brand Champions 2025 report. It sold 21.3m cases in 2024, down by 9% year on year.
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