Diageo India (United Spirits Limited) announced the acquisition of a majority controlling stake in NAO Spirits, the maker of celebrated Indian craft gin brands ‘Greater Than’ and ‘Hapusa’, at an enterprise value of approximately $15.6 million USD. With this, NAO Spirits becomes a subsidiary of Diageo India, marking a pivotal expansion into the nation’s booming … Continue reading Diageo India Acquires NAO Spirits in $15.6M Deal, Boosting India’s Craft Gin Revolution