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 BigBasket.com…
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…
Kroger buys Chicago-based Home Chef for $200 mn
Kroger Co. the 2,800 store brand may close the deal in the second quarter.
Radhakishan Damani to sell Avenue Supermarts shares worth 62L
Avenue Supermarts (D-Mart) on Saturday reported 72.9 per cent year-on-year (YoY) rise in net profit at Rs 167 crore for the March quarter.
Manpasand Beverages and Parle Products To distribute Jointly in western markets
The first phase of the partnership was completed in the eastern region of India where up to 1 lakh outlets of Parle Products have been roped in by Manpasand Beverages.
Nestle to pay Starbucks $7.15 Bn In Coffee tie-up
As part of the deal, Nestle, which will take on about 500 Starbucks employees without altering its buyback program.
Barbeque Nation MD's co set to acquire Toscano In independent deal
The two Toscano founders would stay on to build a chain of 30-40 stores in the next three years.
Yellow Tie Hospitality Acquires three QSR brands
Yellow Tie Hospitality plans to open 55 outlets 25 for Health Juice and 15 each for Umraan and Wok This Way – across the three brands by the end of 2018.
Godrej, Patanjali among 4 FMCG bidders for Ruchi Soya
If successful, Patanjali gets a firm foothold in the cooking oils business where Adani, through its partnership with Wilmar, Emami and Godrej are established players.
Patanjali denies Rs 9k-crore Acquisition offer for Ruchi Soya
Ruchi Soya’s brand portfolio includes Nutrela, Mahakosh, Sunrich, Ruchi Gold and Ruchi Star.
Foodpanda Partners With PhonePe to strengthen digital payment portfolio
The partnership allows consumers to choose from several payment options such as PhonePe Wallet, UPI (Unified Payment Interface), Credit and Debit cards to pay for their food orders on Foodpanda.
Patanjali Bids for Acquisition Of Bankrupt Ruchi Soya
The company’s debt stood at around Rs 12,000 crore at the end of last year.