Acquisition History / Wilmar International Ltd / AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises
Wilmar International Ltd Acquires AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises
Announced July 2025 — $1.23B
What happened
Adani Enterprises agreed in July 2025 to sell up to 31% of AWL Agri Business, the Fortune-brand edible oils company formerly called Adani Wilmar, to joint venture partner Wilmar International for about Rs 10,874 crore. Adani placed the balance of its 44% holding with public investors through an offer for sale, realising roughly Rs 15,707 crore overall and leaving Wilmar as sole promoter. The offer-for-sale leg also satisfied India's 25% minimum public shareholding rule.
- Acquirer
- Wilmar International Ltd
- Target
- AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises
- Announced
- July 2025
- Price
- $1.23B
- Industry
- Edible oils and packaged foods
- Buyer type
- Strategic acquirer
- Backing investors
- Adani Enterprises (seller)
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Wilmar International Ltd acquire AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises?
Wilmar International Ltd acquired AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises on July 2025. This was Wilmar International Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Wilmar International Ltd pay for AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises?
Wilmar International Ltd paid $1.23B for AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises.
What does AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises do?
Adani Enterprises agreed in July 2025 to sell up to 31% of AWL Agri Business, the Fortune-brand edible oils company formerly called Adani Wilmar, to joint venture partner Wilmar International for about Rs 10,874 crore. Adani placed the balance of its 44% holding with public investors through an offer for sale, realising roughly Rs 15,707 crore overall and leaving Wilmar as sole promoter. The offer-for-sale leg also satisfied India's 25% minimum public shareholding rule.
What other Edible oils and packaged foods companies has Wilmar International Ltd acquired?
AWL Agri Business Ltd (formerly Adani Wilmar) - 31% from Adani Enterprises is Wilmar International Ltd's only publicly tracked acquisition in Edible oils and packaged foods so far.