Acquisition History / Annapurna Swadisht Ltd / Arati mustard oil brand (R R Proteins and Agro Ltd)
Annapurna Swadisht Ltd Acquires Arati mustard oil brand (R R Proteins and Agro Ltd)
Announced March 27, 2024 — $3.2M
What happened
Packaged snacks maker Annapurna Swadisht bought the six-decade-old 'Arati' mustard oil brand together with its manufacturing unit from R R Proteins and Agro Ltd. The Rs 28 crore price covers both the plant and the brand and was funded from internal accruals and debt. The deal took Annapurna into the edible oil category for the first time.
- Acquirer
- Annapurna Swadisht Ltd
- Target
- Arati mustard oil brand (R R Proteins and Agro Ltd)
- Announced
- March 27, 2024
- Price
- $3.2M
- Industry
- Edible oils / packaged food
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Annapurna Swadisht Ltd acquire Arati mustard oil brand (R R Proteins and Agro Ltd)?
Annapurna Swadisht Ltd acquired Arati mustard oil brand (R R Proteins and Agro Ltd) on March 27, 2024. This was Annapurna Swadisht Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Annapurna Swadisht Ltd pay for Arati mustard oil brand (R R Proteins and Agro Ltd)?
Annapurna Swadisht Ltd paid $3.2M for Arati mustard oil brand (R R Proteins and Agro Ltd).
What does Arati mustard oil brand (R R Proteins and Agro Ltd) do?
Packaged snacks maker Annapurna Swadisht bought the six-decade-old 'Arati' mustard oil brand together with its manufacturing unit from R R Proteins and Agro Ltd. The Rs 28 crore price covers both the plant and the brand and was funded from internal accruals and debt. The deal took Annapurna into the edible oil category for the first time.
What other Edible oils / packaged food companies has Annapurna Swadisht Ltd acquired?
Arati mustard oil brand (R R Proteins and Agro Ltd) is Annapurna Swadisht Ltd's only publicly tracked acquisition in Edible oils / packaged food so far.