GRM completed the acquisition of a 44% stake in Rage Coffee.

Synopsis

GRM, a rice exporter, completed the acquisition of a 44% stake in Rage Coffee, an instant coffee maker. Financial terms were not disclosed. GRM, which mainly deals with rice, flour and edible oils, said it bought the stake in Swmabhan Commerce through primary infusion and secondary buyouts.

Principals

target

Rage Coffee

bidder

Grm Overseas

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15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.