India, March 26 -- Spread across 19 acres, the estate houses a state-of-the-art winery with an annual production capacity of 4.5 lakh litres, which can be scaled up to 13 lakh litres. The property also includes an ultra-premium visitor centre, a banquet facility and around 5 acres of vineyards, offering a ready platform for wine tourism and hospitality-led growth.
The acquisition is being executed through Sula's wholly owned subsidiary, Artisan Spirits, under an asset purchase agreement covering land, buildings and winemaking infrastructure. The deal excludes all brand-related assets.
Following the completion of the transaction-expected by the end of Q1 FY27, subject to regulatory approvals-Moet Hennessy will cease wine production in In...
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