Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired the Chennai-based health food manufacturer Southern Health Foods for 156.4 crore INR ($17.2 million). Effective from 9th February, Southern Health Foods became a wholly owned subsidiary of RCPL following the acquisition of a 100% equity stake. Best known for its flagship brand Manna, the company has operated for over two decades, specialising in health-focused products …
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Reliance Consumer Products
Reliance Consumer Products (RCPL), the FMCG subsidiary of Reliance Industries, has acquired the global rights to a portfolio of heritage personal care brands, including Brylcreem, Toni & Guy, Badedas, and Matey, from global peer Unilever. The acquisition, disclosed alongside the company’s quarterly results, grants Reliance ownership of the brands worldwide, with “a few territories excluded”. While financial terms were not disclosed, the deal signals a major expansion for Reliance into …
Reliance Consumer Products Limited (RCPL), the FMCG arm of the Indian conglomerate Reliance Industries, has reached an agreement to acquire a controlling 75% stake in Goodness Group Global, the Australian parent company of functional drinks brand Nexba. The deal is valued at approximately A$25.4 million ($16.6 million), according to documents shared with the company’s crowdfunding shareholders. The investment marks a significant milestone for Goodness Group Global as it seeks to …
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries, has acquired a majority stake in the Tamil Nadu-based food firm Udhaiyam. Operating under its namesake brand, the Chennai-based company has a history spanning over three decades and is estimated to be a 6.68 billion INR ($80 million) business. Its portfolio includes a wide range of staples such as pulses, rice, spices and flour, as well as …
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,156 crore INR ($127 million) to set up an integrated manufacturing facility in Tamil Nadu. With the investment, a 60-acre facility will be established at SIPCOT’s Allikulam Industrial Park to produce packaged snacks, biscuits, spices and wheat flour, creating roughly 2,000 jobs over the next five years. This investment is part …
Reliance Consumer Products (RCPL), the FMCG arm of Reliance Retail, has acquired a majority stake in a joint venture with Naturedge Beverages to expand its portfolio with healthier drinks, including herbal natural beverages. Founded in 2018, Naturedge Beverages is described as blending Indian ayurveda with modern drink choices. Its flagship Shunya branded product is a functional, herb-infused beverage with no sugar or calories, featuring kokum, brahmi, khus, ashwagandha and green …
Reliance Consumer Products (RCPL), the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 8,000 crore INR ($923 million) over the next 15 months to expand its beverage manufacturing capacity. The Economic Times reports that the investment will fund the development of 10 to 12 greenfield and co-packing plants across India. Launched in 2022, RCPL’s beverage portfolio includes Campa Cola, Orange and Lemon, Sosyo, Sun …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced plans to invest 1,000 crore INR ($117 million ) to set up a new bottling plant in Begusarai, in India’s Bihar state. The upcoming facility, covering 35 acres and developed by Campa Cola manufacturer and distributor EPIC Agro Product Ltd, is expected to serve as a central node for expanding bottling and logistics capabilities in …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of personal care brand Velvette. Founded in 1980 as a brand of Sujatha Biotech, the Velvette brand is described as being the first to introduce PVC shampoo sachets. The brand’s manufacturing unit is in Kashipur, Uttarakhand. Commenting on the move, RCPL COO Ketan Mody said: “We are thrilled to welcome Velvette into the Reliance family. …
Reliance Consumer Products, the FMCG arm of Indian retail major Reliance Retail Ventures, has announced the acquisition of SIL Foods, a packaged food brand, from hospitality firm Food Service India. SIL Foods, once James Smith & Co, is a leading Indian brand offering jams, mayonnaise, baked beans and more. It was acquired by Marico in 1993, then by Scandic Food India under Denmark’s Good Food Group. In 2021, Food Service …
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