Consumer Goods Giant ITC to Acquire Spices Maker Sunrise Foods

File photo of an ITC office building. (Image: 
REUTERS)

File photo of an ITC office building. (Image:
REUTERS)

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited.

  • Reuters
  • Last Updated: May 25, 2020, 8:07 AM IST

Mumbai: Indian consumer goods giant ITC is going to acquire spices maker Sunrise Foods Private Limited, the company said in a statement to stock exchanges on Sunday.

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited, which has operated primarily in the spice business under the trademark “Sunrise”, the Kolkata-based company said.

The size of the deal was not revealed.







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