Vidhi Specialty Food Ingredients completes acquisition of stake in Arjun Food Colorants Manufacturing

23 Apr 2019

Vidhi Specialty Food Ingredients has completed acquisition of 100% equity shares of Arjun Food Colorants Manufacturing an entity owned and held by the Promoters Group of Vidhi Specialty Food Ingredients. The company has completed the acquisition of Arjun Food Colorants Manufacturing for a cash consideration of Rs 7.92 lakh.

The objective of the acquisition is to acquire the industrial land and building for future expansion and consolidate the business of promoter Group Company.

Vidhi Specialty Food Ingredients is engaged in the manufacture of the following range of products Brilliant blue FCF, Indigo Carmine, Allura Red AC, Tartrazine etc.

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