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Prataap Snacks to acquire stake in Avadh Snacks

23 Aug 2018 Evaluate

Prataap Snacks will acquire stake in Avadh Snacks, Gujarat’s leading snacks Food company. The company has agreed to acquire 80% equity stake for a consideration of Rs 148 crore through a combination of primary & secondary investment.

The product bouquet of Prataap Snacks and Avadh Snacks are complementary and will create a balanced portfolio with a mix of regional and national flavours & variants across categories. The acquisition will also lead to a significant synergy in distribution across Gujarat and neighbouring markets.

Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond’. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.

Prataap Snacks Share Price

964.80 22.35 (2.37%)
17-Apr-2026 16:59 View Price Chart
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