Dodla Dairy completed the acquisition of Osam Dairy for $32m.

Dodla Dairy, a processor and distributor of milk and dairy products managing the entire dairy value chain, from collecting milk from farmers to distributing branded, value-added products to consumers, completed the acquisition of Osam Dairy, a dairy company operating in the east Indian states of Bihar and Jharkhand, procuring milk from over 20k small dairy farmers, for $32m. “We are thrilled to announce the proposed acquisition of Osam, marking a significant milestone in Dodla’s journey. This strategic move underscores our commitment to becoming a Pan-India dairy company. As a market, Eastern India is a very exciting market for the dairy industry with faster growth as compared to the national average. This market supports a large population, & milk consumption has immense headroom for growth driven by high urbanization potential and strong GDP growth. We see tremendous synergies with Osam, which, when combined with Dodla's strong operational experience, will enable us to take this to the next level,” Dodla Sunil Reddy, Dodla Managing Director.