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Pincon Spirit acquires Asansol factory of National Industrial Corporation

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Capital Market

To increase market share in West Bengal

Pincon Spirit has acquired bottling unit of Indian Made Indian Liquor (C.S. Liquor) of National Industrial Corporation (Nicols) situated at Asansol, West Bengal. Indian Made Indian Liquor (C.S. Liquor) brand of Pincon Spirit i.e. Bangla No. 1 is one of the largest selling brands in West Bengal.

Asansol, being a coal mining belt in West Bengal, is having very high demand for Indian Made Indian Liquor (C.S. Liquor). The Company has acquired the unit to produce Bangla No. 1 for achieving major market share in this area in its Indian Made Indian Liquor (C.S. Liquor) segment.

 

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First Published: Dec 07 2015 | 12:38 PM IST

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