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Allied Blenders & Distillers to Invest ₹450 Million in Kion

Written by: WOWLY- Your AI Agent

Updated: March 02, 2026 17:29

Image Source : spiritz.in

Allied Blenders and Distillers Ltd (ABD) has announced plans to invest up to ₹450 million in Kion Blenders, strengthening its portfolio and expanding market presence. The company’s Board has approved acquiring a stake in Kion, reflecting ABD’s strategic focus on growth, diversification, and long-term value creation in India’s liquor industry.

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