Home Food Future Group enters into a JV with Hain Celestial

Future Group enters into a JV with Hain Celestial

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Future Consumer has entered into a Joint Venture Agreement (JVA) with Tilda Hain India (Hain India), a part of Hain Celestial Group, Inc., New York, USA.

Future Group enters into a JV with Hain Celestial
The purpose of the JV is to undertake the business of manufacturing, marketing, trading, selling and distributing various food products in the health and wellness category such as chips, non-dairy beverages, straws and infant/ toddler foods

The purpose of the JV is to undertake the business of manufacturing, marketing, trading, selling and distributing various food products in the health and wellness category such as chips, non-dairy beverages, straws and infant/ toddler foods.

“The company and Hain India each shall hold 50 per cent of the paid up share capital of the JV company. Both shall have the right to nominate three directors each on the board of the JV company,” Future Consumer said in a BSE filing.

Hain Celestial brands includes Terra, , Sensible Portions, and .

Future Consumer, a part of the , operates in the food and FMCG space with 27 brands like , , , , , Desi Atta Company, Kara, , Clean Mate, , Fresh & Pure in over 65 categories.