India: Reliance Retail acquires beauty brand Pahadi Local
Reliance Retail, the retail arm of Indian conglomerate Reliance Industries, has acquired a majority stake in Pahadi Local, a premium beauty and wellness brand. The acquisition was carried out through Reliance Retail Ventures Limited’s subsidiary, Reliance Beauty & Personal Care Limited. Founded in 2016 by Jessica Jayne, Pahadi Local specialises in natural skincare and wellness […]
Nigeria: Reliance Consumer Products to form joint venture with TGI Group
Reliance Consumer Products (RCPL), the fast-moving consumer goods (FMCG) arm of Indian conglomerate Reliance Industries Limited, has signed a definitive agreement to form a majority-owned joint venture with the Nigeria-based Tropical General Investments (TGI) Group. The partnership, which remains subject to customary legal and regulatory clearances, marks a significant milestone in RCPL’s global expansion into […]
India: Reliance Consumer Products acquires Southern Health Foods
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 […]
India: RCPL acquires global rights to Unilever personal care brands
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”. […]
Australia: Reliance Consumer Products to acquire majority stake in Nexba
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 […]
India: Reliance strengthens staples portfolio with Udhaiyam acquisition
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 […]
India: Reliance Consumer Products to invest $127 million in Tamil Nadu
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 […]
India: Reliance Consumer Products acquires Naturedge Beverages
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 […]
India: Reliance Consumer Products invests over $900 million in new plants
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: Reliance Consumer Products to set up bottling plant in Bihar
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, […]