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Adani Wilmar inks pact to acquire GD Foods

05 Mar 2025 Evaluate

Adani Wilmar has signed definitive agreement to acquire G.D. Foods Manufacturing (India) (GD Foods). The acquisition will be executed in multiple tranches, with 80% of the shares to be acquired in the first tranche, and the remaining 20% to be acquired over the next three years. Aligned with its vision to cater to the kitchen needs of Indian households, this acquisition offers a strategic advantage by expanding its portfolio with a broad range of value-added food products.

The acquisition is subject to meeting customary closing conditions, with the first tranche is expected to close in 60 days. The transaction will be funded by internal accruals or IPO proceeds.

Adani Wilmar is one of the few large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses and sugar. Its products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups.


AWL Agri Business Share Price

188.60 3.90 (2.11%)
21-Apr-2026 10:49 View Price Chart
Peers
Company Name CMP
AWL Agri Business 188.60
Patanjali Foods 462.60
Gokul Agro Resources 212.50
Marico 761.50
BCL Industries 32.95
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