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BAKERY CHAIN ACQUISITION
CCI okays Dalmia Bharat's proposal to acquire Jaiprakash AssociatesThe Competition Commission of India has approved Dalmia Bharat's plan. Dalmia Bharat will acquire Jaiprakash Associates. This acquisition i...- ChrysCapital gets CCI nod to acquire majority stake in bakery chain TheobromaFair trade regulator Competition Commission on Tuesday cleared homegrown private equity major ChrysCapital's proposal to acquire a majority...
- Homegrown private equity firm ChrysCapital scoops up bakery chain Theobroma in ₹2,410-crore dealChrysCapital is set to acquire a 90% stake in Theobroma Foods for ₹2,410 crore, purchasing from promoters and ICICI Venture, who invested i...
- Bikaji Foods acquires 53% stake in Hazelnut Factory for Rs 131 crore; to compete in QSR spaceBikaji Foods International has acquired a 53.02% stake in Lucknow's Hazelnut Factory for Rs 131 crore through its subsidiary. This strategi...
- ChrysCapital has a Rs 3500 crore craving for Theobroma & Belgian Waffle, plans to create investment platform combining brandsIt has a 60-day window to submit a binding offer for Theobroma and is aiming to finalise the terms of acquisition of Bloombay Enterprises, ...
- India fastest growing market globally: Dr. OetkerGlobally, the family-owned Dr. Oetker which makes mayonnaise, spreads and cakes, grew by 7.1% last year while its India unit reported 25% g...
- Bootstrapping helped us build efficient & effective systems, curb profligacy: Winni Cakes’ Sujeet Kumar MishraAn online gifting platform and a bakery retail chain, Wini Cakes & More has bootstrapped its way to success in the last 10 years.
- Cargill is stepping up its presence in the Indian market: Piyush PatnaikCargill has recently acquired an edible oil refinery located in Nellore in Andhra Pradesh. Cargill’s US$35 million investment to acquire an...
- Cargill acquires edible oil refinery located in NelloreHighlighting the significance of this acquisition, Piyush Patnaik, managing director of Cargill’s edible oils business in India, said, “We ...
- Le Marche to expand dark stores, online verticals: CEO Amit DuttaLe Marche began accelerating online deliveries only last year after the pandemic-induced lockdowns and in response to increasing adoption o...
- Future Group acquires Sangam Direct chain of grocery storesWadhawan operate the stores under Sangam Direct in Delhi NCR and in Bengaluru. The sources said Sangam Direct business has a revenue of abo...
- Future Group in talks to buy Heritage Foods’ retail divisionIf the transaction goes forward, this will be Biyani’s fourth acquisition in as many years, as his Future Group consolidates its position.
- Hindustan Unilever to sell Modern Bakery as part of its strategy to exit non-core businessesThe deal includes sale and transfer of the brand and business that currently has six own operating manufacturing units and a network of fra...
- Yes Bank MD Rana Kapoor's relative buys into food and grocery retailer iOrderFreshThe family also owns stakes in business fortnightly Businessworld and a Pro Kabaddi League team through other investment vehicles.
- Future Group acquires Nilgiris grocery chain for about Rs 300 croreFuture Group will own all of Nilgiris. This includes the 65% stake of Actis Capital and that held by the Mudaliar family.
- Kishore Biyani's Future Group acquires supermarket chain NilgirisFuture Group CEO Kishore Biyani said, "FCEL's acquisition of Nilgiris is another step towards building a robust convenience store network i...
- HUL, Everstone in talks to jointly run Modern FoodsThe move by Everstone Capital, a private equity fund, is to drive synergy from Modern Foods for the quick-service restaurant chain.
- Future Group buys SA's Shoprite, renames it FoodriteFuture Group today said that it has bought the lone India franchisee store of South Africa's biggest grocery chain, Shoprite Holding, and r...
- IHCL to focus on foods, Tata Tea on beveragesSuddenly Tatas are mining the foods and beverage (F&B) space, taking a shot at every M&A move in the sector.
- Vallabhdas Kanji sees Vietnam plant reducing costsVallabhdas Kanji Limited is Asia’s largest processor and India’s largest exporter of value-added spices.
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