Coca-Cola creates global ventures for handling acquisitions
The unit is created to focus on ensuring maximum value from acquisitions and investments.
Karnataka's ice-cream brand Adityaa Milk to sell biz to HUL
Since HUL took over Kwality ice cream in phases after buying the trademark in 1994 or even after Malaysian PE firm Navis lapped up Nirula’s in 2006…
Tata, Dabur among bidders for Kraft Heinz's Complan brand
Tata Group, India’s biggest conglomerate, and Dabur India Ltd., the $11.3 billion consumer-goods company, are among suitors selected for the second…
Heineken earns stake in China's top brewer for $3.1 bn
The inclusion of Denmark's Carlsberg and Belgium's AB Inbev are putting pressure on prices and lowering margins, intensifying the rivalries…
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Domino's ties up with Amazon Pay for online payments
Amazon Pay's availability on Dominos' apps is being made available for both, Android and iOS users.
Swiggy buys on demand delivery firm Scootsy for Rs 50 cr
Swiggy delivers about 5,00,000 orders per day and has a fleet size of 55,000 all over the country.
Starbucks likely to join forces with Alibaba increased coffee delivery
The move was hinted at by the former Starbucks Executive Chairman Howard Schultz this month who suggested that a tie-up with Alibaba's…
Maverick group invests Rs 3 cr for 30% stake in Original Ice Creams
The company will use the finance for expanding retail distribution into other cities of northern India, including Lucknow, Jaipur and Chandigarh.
Food-tech company SmartQ buys Goodbox Cafeteria biz
SmartQ expects to increase its customer base with this acquisition, while by offloading its cafeteria business, Goodbox wants to focus on its…
Placio acquires Food startup, raises $50k in seed funding
The company acquired a subscription-based food startup Paco Meals. With this move, it will help Paco Meals with the technology.
Patanjali still in race to acquire Ruchi Soya: Acharya Balkrishna
Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden Ruchi Soya.
Gulabs partners with BigBasket for distribution in Chennai, Bangalore, Mumbai, Pune and Hyderabad
Under this partnership, customers in Chennai, Bangalore, Mumbai, Pune and Hyderabad will be able to buy Gulabs products through the…
PE Funds, companies in race to acquire Kraft Heinz India's consumer food unit
JPMorgan and Lazard are working with Kraft Heinz to find a buyer in a deal valued at about $1 billion, multiple sources close to the deal told ET.
Parag Foods undergoes strategic alliance with Swedish Firm to fortify its nutrition portfolio
This strategic collaboration enables Parag Milk Foods to strengthen its offerings in the health and nutrition segment, which further reiterates its…
Wendy's dealer buys out Amtek unit in JV, to push for growth
The joint venture was formed in 2015, ahead of Wendy’s entry into India
Sahara India to sell New York's Plaza Hotel to Qatari firm for $600 mn
The Plaza Hotel deal is the largest investment in the Western property market by Qatar since the start of the blockade in June last year.
Paytm buys mobile based hotel booking startup NightStay
The NightStay app is available on both Android and iOS platforms. It operates across Delhi-NCR, Mumbai, Bangalore, Chennai, Hyderabad, Goa, Ahmedabad, Jaipur, Kochi, Pune, Agra and Chandigarh.
Everstone's packaged foods platform to buy Indian arm of Cookie Man
As part of the acquisition, Everfoods also gets exclusive rights to own and operate the brand and other related intellectual property not only in India but also in Sri Lanka, Nepal, Bangladesh and Mauritius.
Kitchen Appliances maker Preethi forays into cook hobs
Preethi is exporting products to the US, Asian and African countries and it currently constitutes around 8% of its revenue.
United Spirits buys 26% in start up firm Hip Bar for Rs 27 cr
HipBar allows consumers to select from a range of alcoholic beverages and make payment using the mobile wallet to have the product either delivered at their doorstep in places where it permitted or pick it up from a retail store.
Coca-Cola plans to buy GSK's Horlicks to boost its nutrition biz
Coke has mandated Citi to help them in the competitive bidding process expected to launch next week.
Lenders resort to Swiss challenge method to buy ruchi soya
Ruchi Soya is the largest edible oil seed extraction and refining company in India, with 3.72 million tonnes of oil seed extraction capacity across 10 locations and 3.30 MT refining capacity in 13 locations.
Hindustan Unilever to combine foods division with refreshments
HUL’s food business includes Knorr soup and Kissan Jam and its refreshment brands include Bru coffee, Lipton tea and Magnum ice-cream.
PepsiCo Enters definitive agreement to acquire Bare Snacks
The deal will add to the company’s snacking portfolio and further deliver on its ‘Performance with Purpose’ vision to offer consumers more positive nutrition options.