Acquisitions7 Feb 2026, 12:41 pm
Reliance Consumer Products Acquires Majority Stake in Australia’s Goodness Group - Founder of Nexba
AI Summary
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has acquired majority stake in Australia’s Goodness Group Global Pty. Ltd. (GGG). This strategic partnership marks RCPL’s entry into the burgeoning consumer goods market in Australia and strengthens its efforts in developing a health-based beverages portfolio. The partnership will help promote Goodness Group’s flagship healthy beverages brands like Nexba and PACE across newer markets including India.
Key Highlights
- Reliance Consumer Products Limited (RCPL) acquires majority stake in Australia’s Goodness Group Global Pty. Ltd. (GGG)
- This strategic partnership marks RCPL’s entry into the burgeoning consumer goods market in Australia
- The partnership will help promote Goodness Group’s flagship healthy beverages brands like Nexba and PACE across newer markets including India
- RCPL has a strong portfolio of healthy beverages like RasKik & Sun Crush juices, zero-sugar CSDs and herbal-natural beverage brand Shunya
- Goodness Group is a renowned player in Australia that focuses on offering healthier global quality beverage choices to the consumers across Australia and 21 other global markets