Acquisition History / Zydus Wellness Ltd / Naturell (India) Pvt Ltd
Zydus Wellness Ltd Acquires Naturell (India) Pvt Ltd
Announced October 30, 2024 — $44.1M
What happened
Zydus Wellness's board approved a share purchase agreement with the promoters and other shareholders of Naturell (India) to buy 1,50,78,605 shares representing 100% of paid-up capital for Rs 390 crore. Naturell makes nutrition bars and protein chips under health-snacking brands. Chairman Sharvil Patel framed it as a portfolio extension into health-conscious categories.
- Acquirer
- Zydus Wellness Ltd
- Target
- Naturell (India) Pvt Ltd
- Announced
- October 30, 2024
- Price
- $44.1M
- Industry
- Healthy snacks / nutrition bars
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Zydus Wellness Ltd acquire Naturell (India) Pvt Ltd?
Zydus Wellness Ltd acquired Naturell (India) Pvt Ltd on October 30, 2024. This was Zydus Wellness Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Zydus Wellness Ltd pay for Naturell (India) Pvt Ltd?
Zydus Wellness Ltd paid $44.1M for Naturell (India) Pvt Ltd.
What does Naturell (India) Pvt Ltd do?
Zydus Wellness's board approved a share purchase agreement with the promoters and other shareholders of Naturell (India) to buy 1,50,78,605 shares representing 100% of paid-up capital for Rs 390 crore. Naturell makes nutrition bars and protein chips under health-snacking brands. Chairman Sharvil Patel framed it as a portfolio extension into health-conscious categories.
What other Healthy snacks / nutrition bars companies has Zydus Wellness Ltd acquired?
Naturell (India) Pvt Ltd is Zydus Wellness Ltd's only publicly tracked acquisition in Healthy snacks / nutrition bars so far.