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Future Retail consolidates retail business of Heritage Foods

08 Nov 2016 Evaluate

Future Retail has signed a deal to consolidate the retail and allied businesses of Heritage Foods. The Heritage store chain of 124 stores in Hyderabad, Bangalore and Chennai, serving over 24 million customers annually, becomes part of the Future chain. These small format stores ranging between 2,000 to 8,000 square feet, will complement Future Retail’s existing network of 379 small format EasyDay stores in northern cities of India.

Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

Peers
Company Name CMP
Nestle India 1388.10
Varun Beverages 415.95
Britannia Industries 4998.70
LT Foods 435.95
Hatsun Agro Product 1225.00
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