MoneyWorks4Me

Britannia Industries’ arm acquires entire stake in Catalyst Britania Brands

04 Oct 2022 Evaluate

Britannia Industries’ wholly owned subsidiary -- Britannia and Associates (Dubai) (BADCO), has acquired entire stake in Catalyst Britania Brands (CBBL). CBBL is an investment company which owns ‘Britania’ trademark in Kenya. Post the acquisition, CBBL has become a wholly?owned step down subsidiary. The object of the acquisition is acquire the trademark ‘Britania’.

Britannia Industries, one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG Segment.

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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