57.30 (0.96%) 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.