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Zydus Wellness acquires remaining equity share capital in Naturell (India)

03 Dec 2024 Evaluate

Zydus Wellness has acquired remaining 1.86% equity share capital of Naturell (India). Earlier, the company had acquired 98.14% equity share capital in Naturell (India).

Naturell’s (India) business portfolio includes brands- Ritebite Max Protein (Protein fueled healthy snacks) and Ritebite (fiber-enriched snacks). It commercially started its operations in 2003 and ventured into healthy snacks in 2007. The acquisition seamlessly aligns with Zydus Wellness’ strategic vision, expanding its footprint in the consumer wellness industry by foraying into the rapidly growing healthy snacking segment. It further strengthens the company’s market presence and commitment to addressing the evolving needs and preferences of health-conscious consumers. 

Zydus Wellness combines the best healthcare, nutrition, and cosmeceutical products to provide quality wellness products.

Peers
Company Name CMP
Nestle India 1384.15
Varun Beverages 441.80
Britannia Industries 4910.10
LT Foods 417.50
Hatsun Agro Product 1120.00
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