Acquisitions21 Jan 2026, 07:54 pm
DSM Fresh Foods Limited Acquires Ambrozia Frozen Foods for Strategic Entry into RTE and RTC Foods Segment
AI Summary
DSM Fresh Foods Limited, a technology-enabled fresh foods platform operating under the ZappFresh brand, has executed a binding Business Transfer Agreement (BTA) with Ambrozia Frozen Food Partnership Firm for the acquisition of Ambrozia’s operating food processing business on a slump sale, going-concern basis. This acquisition marks DSM Fresh Foods’ strategic entry into the Ready-to-Eat (RTE) and Ready-to-Cook (RTC) processed foods segment through a revenue-generating, asset-backed platform.
Key Highlights
- DSM Fresh Foods Limited is proposing to acquire a 76% equity stake in Avyom Foodtech Private Limited through a primary cash infusion of INR 8 crore.
- Ambrozia brings a proven processed and frozen foods portfolio with proven customer acceptance, offering consistent taste, cost efficiency, and plug-and-play scalability under the ZappFresh brand.
- The acquisition is expected to save approximately 12-18 months compared to a greenfield expansion.
- The facility is FSSAI-approved and export-compliant, enabling faster access to international markets and the potential to diversify revenue streams.
- The acquired business generated revenues of approximately INR 13 crore in FY25 and is currently at an annual revenue run-rate of INR 316 crore.