Sula Vineyards Acquires Chandon’s Nashik Estate to Accelerate Wine Tourism Growth

Sula Vineyards has signed a definitive agreement with Moet Hennessy India Private Limited to acquire Chandon’s premium wine estate in Dindori, Nashik. This landmark move strengthens Sula’s production capacity, hospitality offering, and wine tourism presence in India’s fast-growing wine market.

Spread across 19 acres, the estate includes a modern winemaking facility with a current capacity of 4.5 lakh litres, expandable up to 13 lakh litres. The property also features vineyards, a premium visitor centre, banquet areas, and hospitality spaces, making it ideal for a destination-led wine tourism experience.

Located in Dindori, one of India’s key wine grape-growing regions, the estate offers strong connectivity and proximity to Nashik Airport. Its location near Sula’s existing wineries will also support smoother operations and better production efficiency.

The acquisition will be completed through Artisan Spirits Private Limited, a wholly owned subsidiary of Sula. The deal includes land, buildings, and winemaking infrastructure, but excludes brand assets. It is expected to close by Q1 FY27, subject to regulatory approvals.

After the transaction, Chandon will exit wine production in India, while Sula will use the facility to expand its own portfolio. Rajeev Samant said the asset is rare and aligns strongly with Sula’s long-term vision of building world-class wine tourism destinations in Nashik.