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Kraft Heinz to sell Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Wellness Limited

The Kraft Heinz Company announced that it has entered into a definitive agreement to sell Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Cadila at a valuation of approximately Rs 46 billion on a debt free and cash...

Kraft Heinz eyes over 10 per cent market share for Complan

Food and beverage major Kraft Heinz India, which has the nutritional drink brand Complan, is looking to increase its market share to over 10 per cent in the short-to-medium term period, a top company official said on Friday. "We have...

Kraft Heinz withdraws merger offer of Unilever

US food company Kraft Heinz Co has withdrawn its proposal for a US $143 billion merger with larger rival Unilever. Kraft had made a surprise offer for Unilever to build a global consumer goods behemoth that was flatly rejected on...

Reliance Retail, Walmart among key retailers all set to revolutionise product data exchange between brand owners

GS1 India has recently launched a new DataKart service, a repository of retailed products, which has been developed based on Industry and consumer needs; for a single source of trusted, reliable and accurate information on products sold through retail...

The Kraft Heinz Company announces completion of Kraft and Heinz merger

The Kraft Heinz Company has announced the completion of merger between Kraft and Heinz. According to a press release issued by the company, the transaction creates the third-largest food and beverage company in North America and the fifth-largest food...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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