In a strategic move aimed at sharpening its global footprint, Indian spirits major Allied Blenders and Distillers Ltd (ABD) has taken full ownership of Singapore-based UTO Asia Pte Ltd — the company that holds the international rights to legacy liquor brands Mansion House and Savoy Club.
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The acquisition, approved at ABD’s board meeting on Tuesday, was sealed through a binding agreement and has come into effect immediately. With this deal, UTO Asia officially becomes a wholly owned subsidiary of ABD, bringing the ownership of the two brands under the company’s direct control across global markets.
However, there’s a catch — the deal specifically excludes key Southeast Asian markets, including Singapore, Malaysia, Thailand, Indonesia, Vietnam, and a few others. While ABD now controls the brand rights almost everywhere else, these particular regions remain outside the scope of the agreement.
The total deal value stands at €1.225 million — roughly ₹11.92 crore, not including stamp duty or other levies.
ABD, known for brands like Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve, said this acquisition is a key part of its long-term brand consolidation and expansion plan. By acquiring global control (with some geographic carve-outs), the company hopes to boost its presence in newer markets while building on its impressive FY25 consolidated income of ₹8,094 crore.
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This comes less than a year after ABD’s stock market listing, marking yet another milestone in its post-IPO growth trajectory.
