Tag: FoodManufacturing

  • Agro Tech Foods to Acquire Del Monte Foods in Strategic Move to Strengthen Processed Food Portfolio

    Agro Tech Foods is acquiring Del Monte Foods in a strategic share swap deal, strengthening its position in the Indian processed food market. The deal includes exclusive rights to the Del Monte brand in India and a significant leadership shift, as Bharti Enterprises becomes the second-largest shareholder. This move is set to enhance Agro Tech's product portfolio and expand its presence across retail and food service sectors.

  • Godrej Industries to Acquire Savannah Surfactants’ Food Additives and Emulsifier Business for Rs 76 Crore

    In a strategic move to expand its food ingredients portfolio, Godrej Industries has acquired the food additives and emulsifier business of Savannah Surfactants for Rs 76 crore. This acquisition aims to strengthen Godrej's position in the growing global food sector, enhancing its capabilities in providing innovative and sustainable food solutions.

  • Britannia and Bel Group Launch New Cheese Factory in Maharashtra: A Strategic Move for Local Production

    Britannia Bel Foods has inaugurated a cutting-edge cheese factory in Maharashtra, dedicated to producing The Laughing Cow products. This new facility will source fresh milk from local farmers, promoting sustainability and quality in dairy production. Explore the investment, production capacity, and how this venture is set to transform the Indian cheese market.

  • Bikaji Foods Stock Nears 52-Week High Following Acquisition of Ariba Foods

    Bikaji Foods' stock has reached near its 52-week high after the company's announcement of acquiring a 55% stake in Ariba Foods. This strategic acquisition, valued at ₹60.49 crore, is set to boost Bikaji's frozen food production and expand its market footprint, signaling strong growth prospects for the company. Explore the impact of this move on Bikaji's financial performance and future outlook.