Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods.

As part of the deal, ITC will initially acquire 43.8 per cent stake in the company for Rs 131 crore and completely take over ...

ITC has signed definitive agreements for the acquisition of Prasuma, a leading player in the frozen, chilled, and ...

Mumbai, May 4 () Indian frozen food industry is expected to grow by 17 per cent annually during 2020-24 as the coronavirus pandemic has made people conscious about healthy choices while buying ...

ITC on Thursday announced to acquire ‘Prasuma’ and ‘Meatigo’ brands expanding its presence in frozen, chilled and ...

Diversified conglomerate ITC is increasing its bet on the rapidly growing frozen foods market. The Kolkata-based ... frozen snacks and Indian breads with a reach of over 200 towns.

KOLKATA: Diversified conglomerate ITC has signed definitive agreements for acquisition of Prasuma — one of the leading players in the frozen, chilled and ready to cook food space in India.

ITC Ltd is set to acquire a 100% stake in Prasuma, a prominent frozen foods brand. By April 2027, ITC will invest Rs 187 crore for a 62.5% stake, with the remainder to follow by June 2028. The ...

LOTTE Wellfood has completed the construction of a new factory in Pune, India, which will produce frozen treats such as the Pig Bar and Jaws Bar, and has begun to target the Indian market with a ...

The global food cold chain logistics market is set for remarkable growth, increasing from an estimated USD 45.14 billion in 2024 to USD 203.30 billion by 2033, at an impressive CAGR of 18.20%. This ...