Chennai based Empee Distilleries Ltd. has entered into an agreement with Bangalore based United Spirits Ltd for manufacture of Indian Made Foreign Liquor (IMFL) for distribution in Karnataka.
The manufacturing will be undertaken at its unit in Arabhikothanur Village, Kolar district, Karnataka and will improve the top line and Bottom line growth of the Company.
The agreement entered with United Spirits Ltd will initially be for a period of 3 years.
Ms. Nisha Purushothaman, Joint Managing Director, Empee Distilleries Limited said, “This is an important development in execution of the future growth plans of the Company. We view this as a strategic alliance which will enable us to grow our liquor business further in Karnataka. We have more than three decades of experience in this industry and this should augur well for the alliance. The Company is also working out a detailed plan for export of IMFL to East Asian countries from this plant.“
About Empee Distilleries Ltd..
Empee Distilleries Limited, based in Chennai, Tamil Nadu, India. It is listed on both BSE (BSE code: 532920) & NSE (EDL). The principal activity is the manufacture and sale of Indian made foreign liquor (IMFL). The products of the company are developed in-house. The product portfolio includes premium whisky, brandy, rum and Vodka for the local market.
The Company has manufacturing plants spread out over the southern states and they have a combined capacity of around one million cases on an average per month. The company also manufactures industrial alcohol and is engaged in the business of power generation. Empee Distilleries Limited is also actively pursuing emerging technologies in the renewable sector.
For further information please contact:
U.Christopher Charles, Mob: 98424 75706,
R.Vellaichamy, Mob: 98845 52209, Concept PR.
R.Vellaichamy, Mob: 98845 52209, Concept PR.
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