New Delhi, Feb. 22 -- Kati Patang Lifestyle, the maker of Saffron Lager and Bareilly Bold, is sharpening its focus on premium beers and preparing to enter the spirits business.Co-founder, Shantanu Upadhyay, speaking to Mint exclusively, said it is in advanced discussions to acquire a controlling stake in premium spirits brands and distribution networks, which could expand its addressable market from roughly $1-10 billion while improving margins.
The company is also scaling up its UK presence as the BSE-listed brewer seeks to reposition itself as a lifestyle-led alcoholic beverage platform rather than a niche craft label. Kati Patang is also planning a real estate project under its name, which will house some hospitality projects.
The de...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.