Prime Fresh Acquires 51% Stake in Poonaagrocart LLP for ₹2.51 Cr

Prime Fresh Limited, along with its group companies, has completed the acquisition of a 51% stake in Poonaagrocart LLP for an aggregate investment of ₹2.51 crore. Prime Fresh Limited holds a 36% stake, Florens Farming Limited holds 10%, and Florens Fresh Supply Solutions Private Limited holds 5%. This acquisition makes Poonaagrocart LLP an associate of Prime Fresh Limited. Poonaagrocart LLP is engaged in the business of Ready-to-Heat and Ready-to-Eat frozen snacks and meals, offering over 50 products. The objective of the acquisition is to expand Prime Fresh Limited's presence across the food value chain and enter the Ready-to-Eat and Ready-to-Heat segment.