Sula Adds 4.5 Lakh Litre Capacity With Chandon’s Wine Estate Acquisition
The transaction structured as an asset purchase agreement, covers land, building and winemaking infrastructure, while excluding all brand-related assets
The transaction structured as an asset purchase agreement, covers land, building and winemaking infrastructure, while excluding all brand-related assets
Company expects to complete the acquisition by the first quarter of the next financial year (FY27)
Reports state that talks have been ongoing for around a year now and the negotiations have entered the final phase
The acquisition is line with the company’s strategy to diversify its product portfolio into new categories
The move enables Bajaj Electricals to fully own and steer the Morphy Richards portfolio in India, Nepal, Bhutan, Bangladesh, Sri Lanka and the Maldives
Reliance Retail will support the brand’s next phase of growth by expanding its footprint across physical retail formats, strengthening its digital presence
With General Atlantic’s investment, Balaji Wafers will focus on further strengthening key corporate functions across the company and accelerating innovation
RAS Beauty is a Raipur-based digital first, farm-to-face luxury skincare brand with a strong presence in the natural beauty segment
The company’s board has also approved the sale of its minority stake of 19.8 per cent in Nutritionalab to USV for a consideration of Rs 307 crore
USV acquires a significant majority stake in Wellbeing Nutrition, valuing the company at Rs 1,583 crore