Patanjali Foods plans to acquire Patanjali Ayurved's non-food business for revenue growth.
Patanjali Foods Ltd plans to evaluate a proposal to acquire the non-food business of Patanjali Ayurved, led by Baba Ramdev. The acquisition would include products in dental care, home care, and personal care categories, contributing 50-60% to Patanjali Ayurved's total turnover. If accepted, the deal aims to strengthen synergies and contribute to revenue and EBITDA growth for Patanjali Foods.
April 26, 2024
6 Articles