Ravi Jaipuria Expands Dairy Push in Africa
Indian billionaire Ravi Jaipuria is accelerating his expansion across Africa with a new US$40 million manufacturing complex focused on juice, snacks and dairy products in Zimbabwe. The latest investment strengthens the growing international footprint of Varun Beverages, PepsiCo’s largest bottling partner in India and one of the biggest globally. According to reports, the new facility…
Varun Beverages Acquires Crickley Dairy in SA
Varun Beverages Ltd (VBL) has announced the acquisition of 100% stake in South Africa-based Crickley Dairy through its subsidiary, marking a significant expansion into the value-added dairy segment in international markets. The deal, valued at ₹1,314.68 million (about ₹131.47 crore), will give VBL full ownership of the dairy business, subject to regulatory approvals including clearance…