business
United Spirits sells site to fledgling India firm Cupid Breweries & Distilleries
Key takeaways
- In a stock exchange filing, Cupid Breweries & Distilleries said the site in Gopalpur has a production capacity of around 250,000 cases per month.
- The fledgling firm described the acquisition as “a significant step in the company s growth and expansion strategy".
- Cupid Breweries & Distilleries will pay a consideration of Rs225m ($2.4m).
United Spirits sells site to fledgling India firm Cupid Breweries & Distilleries Just Drinks · Pavel Kapysh/Shutterstock.com Aninda Chakraborty Mon, June 8, 2026 at 9:40 PM GMT+7 2 min read UNITDSPR.BO CUPIDALBV.BO DEO United Spirits, Diageo’s Indian arm, has agreed to sell a production site in the eastern state of Odisha to local business Cupid Breweries & Distilleries.
In a stock exchange filing, Cupid Breweries & Distilleries said the site in Gopalpur has a production capacity of around 250,000 cases per month.
The fledgling firm described the acquisition as “a significant step in the company s growth and expansion strategy".
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