Tata Consumer Products has said it will continue to look at acquisitions to become a large player in the packaged foods business. The company recently acquired Kottaram Agro Foods, which houses the brand Soulfull, and...
Adani Wilmar plans acquisition of brands and processing units in mass rice segment
Country’s largest commodity company Adani Wilmar is betting big on staples and scouting for acquisition of regional rice brands and processing units in several states of the country, a top company official said...
MDH denies any move to sell business to HUL
Leading spice maker MDH Ltd has refuted the reports of a possible sale of its business to FMCG maker HUL. The reports suggested that MDH promoters are in talks to sell their business to HUL. Terming such reports as...
JFL to acquire Golden Harvest’s remaining 10% stake in Jubilant Golden Harvest JV
Jubilant Food Works on Tuesday said it will acquire the remaining 10 per cent share in its joint venture Jubilant Golden Harvest from Golden Harvest. After this, Jubilant Food Works (JFL) would have Golden...
HUL in discussion to buy MDH
Hindustan Unilever Ltd is in talks with Mahashian Di Hatti Pvt. Ltd (MDH) to buy a majority stake in the maker of MDH Spices, two people familiar with the development said. MDH could be valued between ₹10,000 crore and...
Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore
Shares of Dodla Dairy surged 19 per cent to Rs 548 on the BSE in Monday’s intra-day trade after the company announced the acquisition of dairy products company Sri Krishna Milks Private Limited (SKMPL) for a cash...
Curefoods acquires majority stake in milkshake brand Frozen Bottle
Cloud kitchen start-up Curefoods has acquired a majority stake in milkshake brand Frozen Bottle. Founded by Cultfit co-founder and former Flipkart executive Ankit Nagori in 2020, Curefoods has acquired 20 food brands to...
Hatsun Agro plans to sell assets of ready-to-eat business
Hatsun Agro Product Ltd on Saturday said its board will meet on March 9 to consider a proposal to sell assets of the company’s ready-to-eat business. In a regulatory filing, the company said its board of directors...
LT Foods acquires 51% stake in Golden Star Trading
LT Foods, a 70-year-old consumer food company, on Thursday announced the acquisition of 51% stake in Golden Star Trading Inc. along with its brand Golden Star through its subsidiary LT Foods Americas Inc. (LTFA) with a...
Bajaj Hindusthan Board gives in-principle nod for capital restructuring
Bajaj Hindusthan Sugar, India’s largest sugar manufacturer, on Thursday received the Board’s in-principle nod for exploring options for capital restructuring, resolution plan for debt and other corporate...
Hong Kong fund to sell Japan, S.Korea Burger King business – Nikkei
Hong Kong fund Affinity Equity partners plans to sell its Japan and South Korean Burger King business and could fetch around 100 billion yen ($874 million), the Nikkei business daily reported on Monday. ($1 = 114.4800...
Darling Ingredients to buy Valley Proteins for about $1.1 billion
Sustainable food processing firm Darling Ingredients Inc said on Tuesday it had agreed to buy Valley Proteins Inc, a startup focused on collection and recycling of waste, for about $1.1 billion in an all-cash deal. The...
