AWL will acquire 80% of GD Foods in the first tranche, with the remaining 20% to be acquired over three years.
The Times of India on MSN1d
Adani Wilmar to acquire GD Foods
Adani Wilmar is acquiring GD Foods, owner of the Tops brand, to enhance its kitchen essentials portfolio. Initially, it will ...
The acquisition is expected to strengthen Adani Wilmar’s position in the fast-moving consumer goods (FMCG) sector by ...
Adani Wilmar shares rise 5.5% as company to acquire ‘Tops’ parent GD Foods. At 9:45 am, Adani Wilmar stock was trading at ...
Adani Wilmar has acquired GD Foods Manufacturing, expanding its food portfolio with the Tops brand. The acquisition will ...
In FY’24, GD Foods achieved a revenue of Rs. 386 crores, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs. 32 ...
The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the ...
In FY’24, GD Foods garnered revenue of Rs 386 crore, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs 32 crore ...
Adani Wilmar acquires GD Foods, expanding product portfolio with Tops brand, enhancing reach in North India market.
GD Foods’ brand, Tops, has built a strong reputation as a snack and sauce brand in North India. Shares of Adani Wilmar Ltd ...
Adani Wilmar has a pan-India presence, particularly in North India and post the acquisition, the company will be able to ...
The acquisition will be executed in multiple tranches, with Adani Wilmar buying 80% of the shares in the first tranche at an ...