Company Overview of John Distilleries Limited
John Distilleries Ltd. produces and supplies alcoholic beverages. The company offers whisky, brandy, wine, and vodka products. It distributes its products through its sales network in India, as well as exports to Angola, Congo, Ghana, Namibia, and the United Arab Emirates. The company was founded in 1992 and is based in Bengaluru, India.
Founded in 1992
91 80 2860 0630
91 80 2860 0489
Key Executives for John Distilleries Limited
Vice President of Human Resources
Vice President of Quality & Innovation
Compensation as of Fiscal Year 2014.
John Distilleries Limited Key Developments
John Distilleries Is In Merger Talks
May 6 14
John Distilleries Limited is in discussions with multinationals to explore merger and acquisition deals. “I am open to discuss anything that makes economic sense,” Chairman Paul P John said. Several key foreign liquor companies are keen to consolidate their businesses in India’s liquor industry, which has just a handful of national players, but a multitude of regional players, he said. “Globally, India is perhaps one of the few growth markets for the liquor makers. Therefore, it makes sense for them to get a foothold through acquisitions.” John, however, denied that his company had been approached by either Pernod-Ricard SA (ENXTPA:RI) or Diageo plc (LSE:DGE). The chairman added his company is ready for talks with any potential buyer. “I will also discuss with my equity partners and they, too, are open about it. I am here for doing business.” Gaja Capital Partners invested INR 750 million in John Distilleries and holds up to 40% stake. The company does not look for further infusion of funds as it has sufficient funding options, John said. The company is also in talks with a few domestic liquor makers for acquiring some of their brands. John added the company is entering the premium segment in a big way and has recently introduced a few brands in that category. “Slowly, the number of economy brands in the country will get phased out as the income levels of consumers go up.”
Three Companies Reportedly Sign Non-Disclosure For Acquiring Stake In John Distilleries
Apr 4 13
William Grant & Sons Limited, Thai Beverage Public Company Ltd and Beam, Inc. have signed non-disclosure agreements ahead of starting formal talks to acquire a large stake in John Distilleries Limited, reported Times of India citing banking sources familiar with the matter. Gaja Capital Partners, which owns 33% stake in John Distilleries, is likely to sell its stake. Gaja Capital, John Distilleries, William Grant and Beam declined to comment. Thai Beverage could not be reached for immediate comments.
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