Allied Blenders & Distillers to Invest ₹450 Million in Kion

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

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.