Acquisitions21 Dec 2025, 01:31 pm
Varun Beverages Ltd to Acquire Twizza Proprietary Limited for INR 11,187 Million
AI Summary
Varun Beverages Ltd is set to acquire 100% share capital of Twizza Proprietary Limited through its subsidiary company in South Africa, The Beverage Company Proprietary Limited. The proposed transaction, valued at INR 11,187 million, is subject to regulatory approvals including Competition Commissions of South Africa, Botswana, and Eswatini. Twizza is engaged in the manufacturing and distribution of own-branded non-alcoholic beverages, operating through 3 manufacturing facilities with a combined annual production capacity of ~100 mn 80z cases. The company achieved sales volumes of 71 mn cases and net revenue of INR 9,019 mn in June ending FY25.
Key Highlights
- Acquisition of 100% stake in Twizza Proprietary Limited by Varun Beverages Ltd through its subsidiary company in South Africa, The Beverages Company Proprietary Limited
- Subject to regulatory and other approvals including Competition Commissions of South Africa, Botswana, and Eswatini
- Twizza is engaged in the manufacturing and distribution of own-branded non-alcoholic beverages
- Twizza operates through 3 manufacturing facilities with a combined annual production capacity of ~100 mn 80z cases
- Twizza achieved sales volumes of 71 mn cases and net revenue of INR 9,019 mn in June ending FY25
- Proposed transaction is at an Enterprise Level is valued at ~ INR 11,187 mn