Public RelationsUnited Spirits acquires Tern Distilleries
United Spirits today acquired the entire share capital of Tern Distilleries (Tern) based in Andhra Pradesh for Rs 13.42 crore. Consequent to this acquisition, Tern has become a wholly owned subsidiary of United Spirits.
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Tern is engaged in the business of alcoholic beverages and has its manufacturing facility at Thallapalem in Visakhapatnam district.