AWL will acquire 80% of GD Foods in the first tranche, with the remaining 20% to be acquired over three years.

The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the value-added segment over time, MD & CEO Angshu Mallick said.

FMCG firm Adani Wilmar Ltd on Tuesday announced the acquisition of GD Foods Manufacturing, which sells food products under the Tops brand.

The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche ...

In FY’24, GD Foods garnered revenue of Rs 386 crore, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs 32 crore ...

The acquisition is expected to strengthen Adani Wilmar’s position in the fast-moving consumer goods (FMCG) sector by expanding its portfolio to include a wider range of processed and packaged food ...

Adani Wilmar Limited, one of India's largest Food FMCG companies, renowned for its household brand 'Fortune', today announced ...

Adani Wilmar has acquired GD Foods Manufacturing, expanding its food portfolio with the Tops brand. The acquisition will broaden AWL's offerings to meet evolving Indian household needs.

The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, and the remaining 20 per cent to be acquired over the next three years ...

FMCG shares closed higher in the Wednesday's session. Vadilal Industries Ltd.(up 6.94%), LT Foods Ltd.(up 4.05%), Honasa ...

In FY’24, GD Foods achieved a revenue of Rs. 386 crores, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs. 32 crores.

Indian FMCG major Adani Wilmar (AWL) has agreed to acquire local sauces and pickles maker GD Foods Manufacturing (India) to expand its portfolio with “value-added food products”. In a stock ...