Announced
Completed
Synopsis
Reliance Consumer Products, a subsidiary of Reliance Industries, completed the acquisition of a majority stake in Naturedge Beverages, an Indian beverage manufacturer. Financial terms were not disclosed. "As we increasingly move towards a challenging lifestyle, super-herbs like Ashwagandha and Brahmi not only act as natural stress-relievers but also boost strength, stamina and focus. Through this JV, Shunya will be made available to consumers across India through RCPL's wide network of distribution and supply chain," Siddhesh Sharma, Director Naturedge Beverages.
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