Future Consumer Enterprise has received an approval for making investment in Sarjena Foods, by way of acquisition of 35% stake in the company. The board of directors at its meeting held on June 19, 2014 has approved for the same.
Sarjena Foods is engaged in the business of manufacturing and distribution of branded bakery products under the name and style ‘Baker Street’.
Future Consumer Enterprise is the alternate investment arm of Future Group, India's largest retailer. The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.
