ITC stepped into the food business in 2001 with ... portfolio quickly by tapping high-growth niches such as spices with Sunrise Foods, and frozen meats and seafood with Meatigo and Prasuma.
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ITC signs agreement to acquire frozen food player PrasumaThis would be the fifth major acquisition in the FMCG space in 7-8 years by ITC, after Savlon, Nimyle, Sunrise and Yogabar. ITC will initially acquire 43.8% stake in the company for Rs 131 crore ...
ITC stepped into the food business in 2001 with ... portfolio quickly by tapping into high-growth niches like spices with Sunrise Foods, and frozen meats and seafood with Meatigo and Prasuma.
ITC has made some interesting moves in acquisitions (some examples are Sunrise Foods, Nimyle, B Natural). What is your mantra for M&A? There are a few boxes that need to be ticked. At the outset ...
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