SMC Foods Expands Northern India Presence with Acquisition of 5 LLPD Punjab Dairy Plant
Overall milk processing capacity rises to 19 lakh litres per day; acquisition strengthens presence in Punjab, Haryana, Himachal Pradesh and J&K New Delhi | Dairynews7x7 Bureau SMC Foods Limited, the company behind the Madhusudan dairy brand, has expanded its dairy processing footprint in northern India with the acquisition of the Rana Milk Foods plant at…
GEA bolsters dairy industry with acquisition of agri-software company CattleEye
Food processing and packaging technology manufacturer, GEA, has acquired CattleEye, a Northern Ireland-based agricultural software company known for its artificial intelligence (AI) system. The acquisition underscores GEA’s dedication to advancing next-generation farming strategies, particularly in the dairy sector. While financial details remain undisclosed, the integration of CattleEye’s AI solution into GEA’s portfolio marks a milestone…
Heritage Foods Ltd to acquire assets of Suguna Dairy Products
The Board of Directors of Heritage Foods Ltd at its meeting held on Friday 25th March, 2022, approved the purchase of assets and acquiring of procurement & sales network from M/s Suguna Dairy Products (India) Private Limited for a cash consideration of INR 2.81 Crores. M/s Suguna Dairy Products (India) Private Limited is engaged in…
Milkbasket may soon be part of JioMart’s basket
Ambani’s Reliance Retail, founded in 2006, remains the largest retailer in India by revenue. It serves more than 3.5 million customers each week through its nearly 10,000 physical stores in more than 6,500 cities and towns. Ambani’s have expanded their outreach with the launch of JioMart. JioMart an E commerce extension of Reliance retail is…