Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, on Thursday signed definitive agreements to acquire 100 percent equity stake in Metro Cash and Carry India Pvt Ltd, which operates under...
Delhivery acquires Algorhythm Tech to boost supply chain solutions offering
Ecommerce focused logistics service provider Delhivery is acquiring Pune-based Algorhythm Tech, which delivers planning and optimisation solutions for enterprise supply chain operations, for an undisclosed amount. The...
Hindustan Unilever to acquire 19.8% in Nutritionalab for ₹70 crore
Hindustan Unilever Limited (HUL) announced today that it is going to acquire 19.8% shareholding for ₹70 crore of Nutritionalab Private Limited, a private limited company incorporated in India. Health and Wellbeing...
Shriji Polymers buys controlling stake in Parekhplast India Limited
Shriji Polymers (India) Limited, manufacturer of packaging solutions in rigid plastics for the pharma industry, announced on Wednesday that it has invested in Parekhplast India Limited and bought a controlling stake in...
The Good Glamm Group acquires majority stake in Twinkle Khanna’s Tweak India
Good Glamm Group has acquired a 51% stake in digital media company Tweak India in a cash-and-stock deal. ET was the first to report on September 20 that the content-to-commerce (C2C) company planned to acquire the...
Tata Consumer to acquire packaged water giant Bisleri for about ₹7,000 crore
Almost three decades after selling soft drink brands Thums Up, Gold Spot and Limca to Coca-Cola, Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estimated ₹6,000-7,000 crore...
Jubilant Bhartia Group picks up minority stake in Keventers
Milkshake and ice-cream brand Keventers, operated by Super Milk Products Private Limited (SMPPL), on Thursday announced an equity investment from Jubilant Bhartia Group for an undisclosed amount. Jubilant Bhartia Group...
Dabur to acquire 51% stake in Badshah Masala for Rs 588 crore
FMCG major Dabur India announced that it will be acquiring a 51% stake in Badshah Masala Private Limited for Rs 587.52 crore. With this, Dabur has entered into branded spices and seasoning market in India, worth over Rs...
ITC Ltd raises stake in Mother Sparsh
ITC LTd. has increased its stake in baby and mother care brand Mother Sparsh to 22% for an estimated ₹13.50 crore, according to a regulatory filing by the company. “This has reference to our letters dated 26th November...
Reliance Brands in advanced talks to acquire Sephora’s India rights
Reliance Brands is in advance stage of talks to take over the India rights for premium makeup and beauty retail chain Sephora, from Arvind Fashions, according to two persons in the know. The Mukesh Ambani-led retail...
Adani Wilmar eyes acquisitions to push food business
Adani Wilmar Ltd., the kitchen essentials firm owned by Gautam Adani, is scouting for local and overseas acquisition targets as Asia’s richest man doubles down on boosting his empire’s food operations weeks after...
Reliance Retail to invest in Big Cola, Aakash Namkeen
After completing the acquisition of soft drink brand Campa, Reliance Retail is looking to add more fast-moving consumer goods brands to its portfolio. The company is expected to sign a joint venture agreement with AJE...