Mar 2014
MUMBAI: Global private equity investor Lighthouse Funds will purchase a 25% stake in snacks maker Bikaji Foods International for Rs 120 crore, said two people with direct knowledge of the development.
The Rajasthan-based snack maker will use the funds to expand its manufacturing and distribution to markets outside North India and to enter the fastest growing ready-toeat food market.
"Lighthouse Funds has signed the agreement to invest in the company. The investment will be a deferred one" said an investment banker with knowledge
Mar 2014
The ability to develop new agrochemical molecules for the farm sector has proved a key differentiator for Dhanuka Agritech, which has forged technical tie-ups with seven multinationals across the US, Europe and Japan.
The company's expansive reach with one of the largest distribution networks in the country with 7,500 distributors is a major strength. Dhanuka Agritech builds only the formulation facilities while it purchases technical grade agrochemicals from MNCs or domestic companies.
Oct 2012
Cera Sanitaryware Ltd, one of the leading players in Indian sanitaryware market, plans to further increase the production capacity of its sanitaryware products to 3 million pieces per annum at its plant located in Kadi near Ahmedabad.
The company currently has a production capacity of 2 million pieces per annum, which is already being expanded to 2.7 million pieces. The ongoing expansion is likely to be commercially commissioned by January 2013.
We are planning to further enhance the capacity
Mar 2011
Australian biscuit major Unibic was in the headlines for most part of this year as an acquisition target for domestic fast moving consumer goods major Marico. The talks fell through.
Unibic India is now trying to grab the headlines once again – this time for its efforts to carve a niche in the highly-competitive Rs 11,000 crore biscuits market in India.
The company’s focus is on the health & wellness platform. So what’s new? Many Indian players, including market leader Britannia
Mar 2011
Agro-chemicals maker, Dhanuka Agritech Limited (DAL) is planning to double its pesticides formulation capacity located at Sanand in Gujarat from the existing 21,000 tonnes per annum to about 42,00 tonnes. The company plans to invest about Rs 40 crore for the capacity expansion.
The company decided to expand its Sanand capacity considering the rising pesticides demand particularly in the powder, granules and dust segments We are doubling the manufacturing capacity at our Gujarat facility.