Reliance Consumer Products (RCPL) has entered into a strategic partnership with Ceylon Beverage International, one of the largest beverage can and filling companies in Sri Lanka promoted by former cricketer Muthiah...
Warburg to exit 3PL Stellar Value Chain
Warburg Pincus is seeking to exit its seven-year investment in Stellar Value Chain Solutions, a third-party logistics company. Investment bank Rothschild has been appointed by the investor to find strategic and...
Reliance Retail enters into partnership with Maliban, acquires Raskik and Toffeeman
Reliance Retail, the country’s leading retailer, has added beverage brand Raskik and candy brand Toffeeman to its portfolio through acquisition as part of its expansion drive into the FMCG segment. Besides, the...
No plans to sell Bisleri: Ramesh Chauhan after Tata calls off negotiations
Veteran industrialist Ramesh Chauhan on Monday said he has no plans to sell his packaged water business Bisleri International and is not in talks with any parties for the same, three days after Tata Consumer Products...
Vikas Lifecare okays its strategic investment in Kohinoor Foods for ₹250 Cr
Fast Moving Consumer Goods (FMCG) are the focus of Kohinoor Foods Ltd, a small cap company with a market valuation of ₹241.71 Cr. Kohinoor Foods has a market presence nowadays, selling food items such as basmati rice...
Reliance Retail acquires footwear retailer V Retail
Reliance Retail has acquired Telangana and Andhra Pradesh-based footwear and apparel retailer V Retail Pvt Ltd, which operates a retail chain under the brand name ‘Centro Style’. V Retail operates 32 Centro...
HCCB revives plans to sell Coca-Cola’s bottling business
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola, has revived plans of selling its business as a robust post-pandemic recovery boosts valuation again, executives directly aware of the development said...
Hindustan Unilever completes purchase of 51 pc stake in Zywie Ventures
FMCG major Hindustan Unilever Ltd on Wednesday said it has completed the acquisition of a 51 per cent stake in Zywie Ventures for a consideration of Rs 264.28 crore. Now, Zywie Ventures, a wellness company, has become a...
Reliance to acquire 50% stake in Gujarat-based beverages firm Sosyo
Reliance Consumer Products Limited said it will acquire 50% equity stake in Gujarat-headquartered beverages firm Sosyo Hajoori Beverages (SHBPL). The 100-year-old company is one of the leading players in the domestic...
Dabur acquires 51% majority stake in Badshah Masala
Dabur India has completed the acquisition of 51% stake in Badshah Masala paving the way for FMCG major to enter the branded spices and seasoning market. Badshah Masala is engaged in the business of manufacturing...
Reliance to buy 51% stake in Lotus Chocolate for Rs 74 crore
Reliance Consumer Products Limited (RCPL) said it will acquire 51% in Lotus Chocolate Company for Rs74 crore and will also buy another 26% in an open offer. The capital infused by the FMCG arm of Reliance Industries...
Tata Consumer Products Ltd acquires 23 per cent additional stake in South Africa-based Joekels
FMCG firm Tata Consumer Products Ltd (TCPL) said it has acquired 23.3 per cent additional shares of South Africa-based Joekels Tea Packers for Rs 43.65 crore through a step-down subsidiary. Tata Consumer Products...