Reliance in talks for acquisition of Garden Namkeens et al.

5 Sep 2022 , 09:46 AM

To bolster its fast-moving consumer goods (FMCG) play, Reliance Industries Ltd.  is in talks to purchase brands from CavinKare; Garden Namkeens; in addition to other brands like Lahori Zeera and Bindu Beverages.

In a deal worth an estimated 22 crore rupees, Reliance purchased the soft drink brand Campa from the Delhi-based Pure Drinks Group.

With all three businesses, Reliance is in “advanced stage” of negotiations.

Bindu Beverages’ parent business, SG Corporates, was founded as a result of the introduction of the packaged drinking water brand Bindu Mineral Water. In 2002, the signature Bindu Fizz Jeera Masala beverage was introduced.

For feedback and suggestions, write to us at [e-mail]