Tilaknagar Industries, an India-based producer of Mansion House and Courrier Napoleon brandies, plans to buy Indian made foreign liquor (IMFL) maker Imperial Spirits, in a deal of worth INR4bn ($64.7m).

Currently, Imperial Spirits has production plants in the states of Kerala, Karnataka and Goa, with plans to enter Andhra Pradesh and Tamil Nadu in the future.

Imperial Spirits manufactures, exports, and supplies alcoholic beverage drinks including whisky, vodka, spirits, brandy, rum, and dry gin.

It produces more than 500,000 cases of foreign liquor every month.

Following the completion of the acquisition, Tilaknagar will get Imperial’s portfolio including Imperial XO Premium brandy and VSOP Brandy.

The company has also secured approval for the purchase of the complete IMFL business of BSE-listed IFB Agro Industries, which sells vodka brand Volga and Blue Lagoon gin.

Tilaknagar Industries manufactures and sells Indian made foreign liquor and its related products in India. Its products include whisky, brandy, rum, gin, and vodka.

It also manufactures and sells sugar cubes; packaged drinking water under the Senate Royale brand name.