pread across 19 acres, the estate comprises a highly advanced wine production facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres. The property also features an ultra-premium visitor centre, a banquet facility, and 5 acres of vineyards, offering a premium immersive wine tourism platform. Collectively, these features make it a perfect setting for developing a landmark destination wine resort. The transaction structured as an asset purchase agreement, covers land, building, and winemaking infrastructure, while excluding all brand-related assets. The acquisition is being undertaken through the company’s wholly owned subsidiary, Artisan Spirits Private Limited (ASPL) and is expected to close by end of Q1 FY27, subject to completion of regulatory approvals. Following completion, Chandon will cease wine production in India, and wines produced from the estate will be marketed by Sula under its own portfolio, with no ongoing use of the Chandon brand, said a release.pread across 19 acres, the estate comprises a highly advanced wine production facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres. The property also features an ultra-premium visitor centre, a banquet facility, and 5 acres of vineyards, offering a premium immersive wine tourism platform. Collectively, these features make it a perfect setting for developing a landmark destination wine resort. The transaction structured as an asset purchase agreement, covers land, building, and winemaking infrastructure, while excluding all brand-related assets. The acquisition is being undertaken through the company’s wholly owned subsidiary, Artisan Spirits Private Limited (ASPL) and is expected to close by end of Q1 FY27, subject to completion of regulatory approvals. Following completion, Chandon will cease wine production in India, and wines produced from the estate will be marketed by Sula under its own portfolio, with no ongoing use of the Chandon brand, said a release.
Sula Vineyards signs definitive agreement to acquire Chandon’s wine estate spanning 19 acres in Nashik to expand its wine tourism footprint
