Hatsun Agro Product has successfully completed the acquisition of a Feed Mill unit belonging to VKS Farms, Coimbatore on December 31, 2015 under the Private Treaty Agreement with the Indian Overseas Bank, Mid Corporate Branch, Coimbatore and VKS Farms.
The company had earlier on December 23, 2015 received board’s approval towards acquisition of a Feed Mill unit on out-right basis for Rs 13.50 crore in all cash deal basis.
Hatsun Agro, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.
