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Mergers & Acquisitions

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Ex-Puma MD Abhishek Ganguly to buy sports footwear maker Mochiko Shoes

Abhishek Ganguly left Puma to start Agilitas Sports, a sportswear and Athleisure solutions platform. The company has now bought Mochiko, the country's largest sports footwear manufacturer, for an undisclosed amount New Delhi: Agilitas Sports, co-founded by former Puma India &...

Razorpay acquires digital invoicing startup BillMe

Founded in 2018 by Kuber Pritmani, Jai Hemrajani and Rupam Jain, BillMe has served over 4,000 businesses and 15,000 retail Points Of Sale  New Delhi: Fintech platform Razorpay on Tuesday said it has acquired Mumbai-based digital invoicing and customer engagement startup...

Reliance Retail acquires controlling 51% stake in Alia Bhatt’s Ed-a-Mamma

The partnership will see the brand grow into new areas like personal care and baby furniture while retaining its core values of being child-friendly, parent-friendly, and planet-friendly Mumbai: Reliance Retail Ventures Ltd. (RRVL) has acquired Alia Bhatt’s conscious kids and...

Aditya Birla Group’s hospitality arm acquires rights for four restaurant brands

Aditya Birla New Age Hospitality (ABNAH) has acquired the rights for restaurant brands: Hakkasan, Yauatcha, Nara Thai and CinCin New Delhi: Aditya Birla Group on Tuesday said its hospitality arm Aditya Birla New Age Hospitality (ABNAH) has acquired the rights...

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...

Tanla to acquire ValueFirst Group in all-cash deal of up to Rs 395 crore

Tanla will acquire 100% stake in ValueFirst Digital Media Private Limited from US-headquartered Twilio for an all-cash consideration of $42 million New Delhi: Enterprise messaging firm Tanla said it will acquire peer ValueFirst and its subsidiaries in an all-cash deal ranging...

Reliance acquires 51% controlling stake in Lotus Chocolate Company

RCPL has taken sole control of Lotus with effect from May 24, 2023. It has also completed the acquisition of equity shares pursuant to the open offer made under SEBI Takeover Regulations Mumbai: Reliance Consumer Products Limited (RCPL), the FMCG...

Timex Group acquires watch retail brand Just Watches

With this deal, Timex India will be taking over all the physical stores of Mumbai-based Just Watches and their e-commerce portal Justwatches.com New Delhi: US-based watchmaker Timex Group on Thursday said it has acquired Just Watches, a premium watch retail...

Post merger PVR Pictures is now PVR INOX Pictures

PVR INOX is operating 361 cinemas with 1,689 screens across 115 cities till the end of FY23 in India and Sri Lanka New Delhi: PVR Pictures has been renamed as PVR INOX Pictures following the merger of PVR and Inox Leisure. The...

METRO completes Rs 2,850 crore deal with Reliance Retail to sell its India Cash & Carry business

The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio to RRVL New Delhi: German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash &...

ABFRL to acquire 51% stake in TCNS Clothing in Rs 1,650 crore deal

As per the deal, ABFRL will acquire TCNS Clothing's founding promoter's stake through an SPA and a conditional public open offer followed by a merger between the two entities New Delhi: Aditya Birla Fashion & Retail Ltd (ABFRL) on Friday announced...

Godrej to acquire Raymond’s consumer business

As part of the deal, FMCG major Godrej Consumer Products Ltd (GCPL) will acquire brands including Park Avenue and KamaSutra from Raymond New Delhi: FMCG Godrej Consumer Products Ltd (GCPL) is going to acquire the FMCG business from the diversified group Raymond,...

Wipro Consumer Care & Lighting acquires Kerala-based ready-to-cook brand Brahmins

The acquisition of Brahmins will be the 14th so far for Wipro Consumer Care and Lighting, which crossed the milestone of Rs 10,000 crore in overall sales in FY23 New Delhi: To expand its presence in the fast-growing food market,...

Will Reliance’s relaunch of Campa unleash the next round of cola wars in India?

While there are a lot of odds stacked against the relaunch of Campa in the Indian carbonated beverage market, experts are hopeful that Reliance will be able to pull off a Jio… Or will it? Mumbai: Reliance Consumer Products Ltd...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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