Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

ITC To Acquire Spices Maker Sunrise Foods

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited

Photo Credit :

1588592256_UozB2r_2020_05_04T110541Z_1_LYNXMPEG430TT_RTROPTP_4_HEALTH_CORONAVIRUS_INDIA_ITC.JPG

Indian consumer goods giant ITC is going to acquire spices maker Sunrise Foods Private Limited, the company said in a statement to stock exchanges on Sunday.

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited, which has operated primarily in the spice business under the trademark "Sunrise", the Kolkata-based company said.

The size of the deal was not revealed.

(Reuters)


Tags assigned to this article:
consumer goods Sunrise Foods itc food shares