Acquisitions30 Sept 2025, 04:19 pm
Nagarjuna Agri Tech to Acquire Kathleen Confectioners and Kathleen Food for Rs 15 Crores
AI Summary
Nagarjuna Agri Tech Ltd has entered into a Business Acquisition Agreement with M/s. Kathleen Confectioners and M/s. Kathleen Food Private Limited to acquire 100% shareholding in the said companies. The acquisition is expected to be completed by December 31, 2025, and will cost approximately Rs 15 Crores. The acquisition is aimed at expanding Nagarjuna's consumer offerings and strengthening its foothold in the high-growth urban FMCG segment. Kathleen Confectioners and Kathleen Food Private Limited have a strong retail network and a loyal customer base, but have been facing financial challenges recently. Nagarjuna plans to revamp Kathleen’s business model and scale it efficiently.
Key Highlights
- Nagarjuna Agri Tech to acquire Kathleen Confectioners and Kathleen Food for approximately Rs 15 Crores.
- Acquisition aimed at expanding Nagarjuna's consumer offerings and strengthening its position in the FMCG segment.
- Kathleen Confectioners and Kathleen Food Private Limited have a strong retail network and loyal customer base.
- Nagarjuna plans to revamp Kathleen’s business model and scale it efficiently.
- Acquisition expected to be completed by December 31, 2025.