AWL will acquire 80% of GD Foods in the first tranche, with the remaining 20% to be acquired over three years.
The acquisition is expected to strengthen Adani Wilmar’s position in the fast-moving consumer goods (FMCG) sector by ...
The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, ...
The Times of India on MSN14h
Adani Wilmar to acquire GD Foods
Adani Wilmar is acquiring GD Foods, owner of the Tops brand, to enhance its kitchen essentials portfolio. Initially, it will ...
The acquisition will be executed in multiple tranches, with Adani Wilmar buying 80% of the shares in the first tranche at an ...
Adani Wilmar Ltd.'s shares rose after the company signed an agreement with GD Foods Manufacturing India on Tuesday to acquire ...
The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the ...
Adani Wilmar shares ended 1.13% lower at Rs 239.80 On Tuesday. Market cap of the firm stood at Rs 31,166.29 crore.
Adani Wilmar shares rose 6 percent on March 5 following its announcement about signing a definitive agreement to acquire GD Foods Manufacturing (India) Private Ltd. As of 11:00 am ...
In FY’24, GD Foods achieved a revenue of Rs. 386 crores, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs. 32 ...
The edible oil major also said the 'Tops' brand is among the top three players in the tomato ketchup and pickles category ...
Adani Wilmar Ltd has announced the acquisition of G.D. Foods Manufacturing, the maker of Tops ketchup and noodles, in a ₹603 ...