Parag Milk Foods has acquired the Danone Foods and Beverages India’s manufacturing facility of Curd, Yogurt and other related products at Rai, Sonipat, Haryana near Delhi. This acquisition would help expand the company’s footprints in North India and strengthen company’s fresh category distribution of Milk, Flavoured Milk, Buttermilk, Curd, Fresh Paneer and Yogurt in this region. The company proposes to invest further capex in the aforesaid manufacturing facility acquired from Danone.
Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.
