Snapshots of Food Industry News ITC Ltd Acquires Sunrise Foods ITC Ltd has acquired the shares of Sunrise Foods Private Ltd (SFPL) for Rs 2,150 croreon a cash-free, debt-free basis. ITC has acquired 100 per cent of the equity share capital of Sunrise. On acquisition Sunrise and its two subsidiaries, Sunrise Sheetgrah Private Ltd and […]
Food Industry This Week – Partnerships, Expansions & New Launches
Snapshots of Food Industry News Cadbury ‘Bournvita’ biscuits to hit Indian stores soon After the success of ‘Oreo’ biscuits, confectionery major, Mondelez has launched a second biscuit brand ‘Bournvita’ which will be on the shelves in May. The launch of a new biscuit product has come after five years but it has been specially developed […]
Food Industry This Week – Expansions & Marketing of Food Products
Snapshots of Food Industry News MTR expands its breakfast portfolio with ‘Cup’ breakfasts The packaged food company, MTR, is to expand its breakfast portfolio with the introduction of its new range ‘Breakfast in a Cup.’ This range of products will include upma and poha and will be available in 80gm cups. Priced at Rs.45 a […]