Tilaknagar Industries has invested US$2.3m in Black Tiger Distilleries, securing a 30% stake, according to Food Business Africa.
The transaction represents Tilaknagar Industries’ first strategic move into the agave-based spirits category.
Tilaknagar buys 30% stake in Black Tiger Distilleries
The US$2.3m investment takes the company into agave-based spirits for the first time.
