Heritage Foods has reportedly forayed into Punjab after completing the acquisition of the diary business of Reliance Retail and its brands ‘Dairy Life’ and ‘Dairy Pure’. The acquisition has given Heritage Foods access to an additional 200,000 litres of milk every day, increasing its handling to 1.4 million litres across 15 states in the country.
Reliance Retail’s dairy business had pan-India presence, with 60% centred around the states of Delhi, Punjab, Haryana, Rajasthan and Himachal Pradesh.
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.