Valencia Nutrition has received approval for acquisition of an additional 49% stake in Suryavathi Beverages for Rs 49 lakh, to be paid in one or more tranches. This strategic acquisition of additional stakes is expected to have a major effect on the company, driving further expansion into the manufacturing and trading of carbonated soft drinks and fruit-based drinks, consistent with the company’s growth ambitions. The said acquisition is expected to be completed in 30 days.
Earlier, the company had acquired a 50% stake in Suryavathi Beverages, a partnership firm, vide entering into the partnership deed dated December 20, 2024. In alignment with its growth objectives and to further consolidate its position, the Board of Directors of the company in their meeting held on February 08, 2025, has approved the same.
Valencia Nutrition is engaged in the business of developing, manufacturing, sale & distribution of nutraceutical products.
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