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CRAX SNACKS
Crax maker DFM Foods up for grabs as Advent scouts buyersAdvent International is negotiating to sell its majority stake in DFM Foods. Several consumer goods companies and private equity firms are ...- Packaged food companies slash production amid LPG crunchPackaged food manufacturers nationwide are halting production due to a severe LPG shortage, exacerbated by West Asian conflict disruptions....
- Prataap Snacks new owners feel the crunch, explore exit options as growth turns stalePrataap Snacks faces potential ownership changes. Authum Investments and Madhusudan Kela are considering selling their stake. Competitors l...
- Slice of GST: From chips to shampoo, FMCG cos plan to stuff more into Rs 5 and Rs 10 packsPrime Minister Narendra Modi had announced sweeping GST reforms in his Independence Day speech, the first such major revamp. The Centre pro...
- Bikaji Foods forms joint venture with Nepal’s Chaudhary GroupBikaji Foods International partners with Chaudhary Group for global growth. The 50:50 joint venture aims to manufacture and market Bikaji's...
- PepsiCo gathers its snacks business global executives in ‘vital’ India market this weekPepsiCo Chairman Ramon Laguarta leads a large executive team to India, signaling the market's importance amid global slowdowns. The visit c...
- Pepsi, Tatas look to spice up snacks marketPepsiCo and Tata Consumer Products have teamed up to develop and sell packaged snacks, integrating PepsiCo's Kurkure brand with Tata's Chin...
- DFM Foods premiumises snacks portfolio; building biz attractive to strategic buyers in long term: CEO Vipul PrakashDFM Foods, a packaged snacks maker, has shifted its focus from Rs 5 packs to larger packs of Rs 10 and Rs 20, in line with evolving consume...
- DFM Foods zooms 20% as firm looks to delist from boursesExplaining the rationale for delisting of equity shares, the filing added that the acquirer would obtain full control of the company and sh...
- Snacking more during WFH? You're not aloneThe organised Indian packaged snacks market is estimated to be around INR 45,000 crore by most industry analysts, within which the potentia...
- Advent to snack on Crax maker DFM Foods as promoters, Westbridge seek exitThe move is likely to trigger an open offer for another 26% of the share capital of the company.
- We have changed our strategy, expect recovery in Q4: Amit Kumat, Prataap Snacks“Because of DeMo and GST, the wholesale market has grown really slow and is yet to recover.”
- Can Indore’s leading food companies make it the snack hub of the country?The city has a centuries-old tradition of food. More than its historical landmarks, it is known for the Ratlami sev, garadu chat and poha t...
- There is a huge headroom available for organised market to grow, says Prataap Snacks CEOThe pricing of Rs 930/share was decided by the bankers after the road show and meeting with all the investors.
- Old taste, crispy returns: Your child powered this multibagger; you missed itAn investment of Rs 10,000 made in the stock in January 2011 would have become Rs 1,57,823 today. It has clocked over 1,500 per cent return...
- Taste of India: Desi companies feast on snack marketAccording to market researcher Euromonitor, sweet and savoury snacks have grown by 26%, highest within packaged food segment between 2010 a...
- ‘Healthy' corn moves beyond snack to full mealsRiding high on its health benefits owing to high fibre content, it is embraced by families looking for healthy options,” said Suresh Saraf,...
- Packaged salty snacks topped FMCG sales in 2013: ReportIndians consumed more packaged salty snacks than any other FMCG in 2013, as they emerged as the fastest growing grocery category, according...
- Pepsi Co looks to hit back at look-alikes & rivals of Kurkure with new TV commercialThe latest TV commercial of PepsiCo's flagship salty snack brand Kurkure asks viewers: Kuch bhi crunchy milega toh khaoge kya?
- PepsiCo's Lays, Kurkure lose market share to local players like Yellow Diamond and BalajiKurkure and Lays, have begun losing share to regional players such as Balaji, Yellow Diamond in addition to some variants of Bingo.
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