Acquisitions21 Dec 2025, 01:31 pm
Varun Beverages Ltd to Acquire Twizza Proprietary Limited for INR 11,187 Million
AI Summary
Varun Beverages Ltd announced its decision to acquire 100% Share Capital of Twizza Proprietary Limited, a South African company involved in the manufacturing and distribution of non-alcoholic beverages. The acquisition will be made through Varun Beverages' subsidiary company in South Africa, The Beverages Company Proprietary Limited (Bevco), at an Enterprise value of ZAR 2,095 Million (INR 11,187 Million). The acquisition is subject to regulatory approvals from the Competition Commissions of South Africa, Botswana, and Eswatini.
Key Highlights
- Varun Beverages Ltd to acquire Twizza Proprietary Limited for INR 11,187 Million
- Acquisition through Varun Beverages' subsidiary company in South Africa, Bevco
- Twizza involved in manufacturing and distribution of non-alcoholic beverages
- Subject to regulatory approvals from Competition Commissions of South Africa, Botswana, and Eswatini
- Twizza to become step down subsidiary of Varun Beverages Ltd post-acquisition