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SNACKING BRAND ACQUISITION
All Kwality Wall's items to be milk-based next year, says CEO Peter ter KulveMagnum Ice Cream is transforming its Kwality Wall's business in India. The company is moving from vegetable fat frozen desserts to dairy ic...- Not all startups are built the same. Which category defines yours?Startup award categories are often shaped more by founder journeys, business models, and growth approaches than by sectors alone. Through r...
- Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
- Wingreens World goes for Safe Harvest via share-swap routeWingreens World has acquired Safe Harvest in a share swap deal, marking Wingreens' fifth acquisition. The company also secured over ₹120 cr...
- Magnum plans three more factories to cash in on India's ice cream crazeMagnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet s...
- Quick commerce, restaurant chains firing offers to cash in on IPLAmazon Now, Flipkart Minutes and Instamart this weekend launched ‘match-ready’ deals on food and beverages brands with discounts of over 40...
- In consumer goods, access to capital no longer the primary differentiator; profitability key for survivalIndia's consumer businesses are changing their strategy. They are now focusing on profitability rather than just rapid growth. Digital plat...
- Marico shares in focus after acquiring PVR Inox's popcorn brand for Rs 227 croreMarico is set to acquire a 93.27% stake in premium snacking brand "4700BC" for up to Rs 226.83 crore, aiming to expand its value-added food...
- CCI approves acquisition of certain issued and paid-up equity share capital of HaldiramThe Competition Commission of India (CCI) has approved Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP's acquisition of equity in Haldi...
- Bhujia, business and blood ties: Haldiram’s Delhi, Nagpur units to uniteHaldiram Snacks Food has sold a 10% stake to Temasek at a valuation of $10 billion. The company has also merged its Nagpur and Delhi branch...
- Kuch namkeen ho jaaye: Crunch time in FMCG sectorTraditional Indian snacks, or namkeen, have dominated the FMCG sector, with sales reaching nearly 50% of the salty snacks market in 2023-24...
- 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...
- Zydus to acquire Naturell, the maker of Ritebite Max Protein for Rs 390 croreZydus Wellness will acquire Naturell, the company behind Ritebite Max Protein bars, for Rs390 crore. The acquisition will expand Zydus' pre...
- DTC and staples snapped up, FMCG cos are gunning for snacks nowThe Indian FMCG sector is witnessing a surge in mergers and acquisitions, with Britannia reportedly in talks to acquire Kishlay Foods. This...
- Mars to acquire Pringles maker Kellanova for nearly $36 bnM&M's and Snickers maker Mars said Wednesday that it would acquire snack food business Kellanova, marking a multibillion dollar agreement s...
- Sequoia Capital backed, Prataap Snacks Ltd to acquire 80% equity stake in Rajkot-based Avadh Snacks Private Ltd for Rs.148 croresPrataap Snacks that sells chips under the brand name of “Yellow Diamond” was founded in 2009 in Indore.
- Virat Kohli to endorse Too Yumm snacksToo Yumm is targeting sales of over Rs 500 crore from the FMCG business next fiscal year and is setting up a FMCG greenfield manufacturing ...
- Sanjiv Goenka Group buys Gujarat snacks firmInitially, investment in the new plant could be around Rs 70 crore initially and that could go upto Rs 150 crore, officials indicated.
- CavinKare eyes bigger share of foods pieFMCG major CavinKare is taking a bigger bite into the branded food segment by affecting a majority stake buyout of traditional snacks marke...
- PepsiCo plans no more drink buyouts: CEOPepsiCo's CEO has said that the No. 2 US soft drink company plans no new acquisitions of North American drink manufacturers in the current ...
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