Zydus Wellness has signed definitive agreements to acquire the subsidiary of Kraft Heinz, Heinz India jointly with Cadila Healthcare. This will include the brands Complan, GluconD, Nycil and Sampriti Ghee, two large manufacturing facilities in Aligarh and Sitarganj and teams devoted to operations, research, sales, marketing and support. Heinz India also has a strong distribution network of over 800 distributors, more than 20,000 wholesalers covering 29 states.
The acquisition offers the right fit in terms of well entrenched brands in the fast growing categories of food, nutrition and skin care. The acquired brands have a strong market Presence and have a legacy of over 50 years.
Zydus Wellness is an integrated consumer company. The company is engaged in the development, production, marketing and distribution of health and wellness products.
