The board of Varun Beverages at its meeting held on 03 February 2026 has approved to upto 30% of equity share capital of FPEL HR2 Energy (a special purpose vehicle inter-alia engaged to generate & supply solar power...
Food and beverage
General Atlantic enters a definitive pact to acquire stake in Balaji Wafers
Investment firm General Atlantic said on Thursday that it has entered a “definitive agreement” to acquire a stake in Balaji Wafers, an Indian snack maker. The deal value was not disclosed but according to a source...
Berkshire may shed 27.5% Kraft Heinz stake, filing shows
Berkshire Hathaway may shed its 27.5% stake in Kraft Heinz, according to a regulatory filing, and exit a more than decade-old investment that did not work out for the conglomerate’s Chairman Warren Buffett. Kraft...
Allied Blenders to acquire assets of NICOL’s non-operational unit in UP
Allied Blenders and Distillers on Friday said its board has cleared a proposal to acquire assets of a non-operational distillery cum bottling facility in Uttar Pradesh from National Industrial Corporation for Rs 70...
Keurig Dr Pepper launches $18 billion takeover bid for JDE Peet’s
U.S. soft drinks giant Keurig Dr Pepper on Thursday launched its $18 billion all-cash takeover bid for coffee and tea group JDE Peet’s, setting the stage for a global coffee company that could rival market leader...
Uday Kotak’s family office acquires US snack brand Go Raw
USK Capital, the family office of billionaire banker Uday Kotak, on Tuesday acquired a US-based snacking brand, Go Raw. USK Capital has made the bet through the overseas direct investment route, which is its maiden...
Coca‑Cola scraps Costa Coffee sale, FT reports
Coca-Cola has abandoned plans to sell its Costa Coffee chain after offers from private equity firms came in below expectations, the Financial Times reported on Wednesday. The U.S. beverage giant ended talks with...
Annapurna snaps up 75% stake in Andri Agro
Packaged food manufacturer Annapurna Swadisht Ltd on Tuesday announced that it would acquire a majority stake in West Bengal-based Andri Agro Foods Pvt Ltd for a total enterprise value of Rs 15 crore. The company has...
Apax Funds buys minority stake in iD Fresh Food, early backers part exit
Global private equity firm Apax Funds has acquired a significant minority stake in iD Fresh Food, which makes ready-to-cook packaged food items. The investment firm has acquired the stake from existing shareholders...
DSM Fresh Foods to acquire majority stake in Avyom Foodtech
DSM Fresh Foods announced that its Board of Directors has approved the acquisition of a 51% controlling stake in Avyom Foodtech (AFPL), marking the company’s formal entry into the ready food solutions segment...
Devyani & Sapphire to merge, form QSR giant
Devyani International and Sapphire Foods India, which operate KFC and Pizza Hut quick service chains in India, are merging operations to create the country’s largest single quick-service restaurant (QSR) entity...
Nestle sells remaining 40% Herta stake to Casa Tarradellas, ending joint venture
Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa Tarradellas. No other terms were disclosed. Nestle said the joint venture that...