Reliance Consumer Products completed the acquisition of a majority stake in Goodness Group Global for $14.13m.

Reliance Consumer Products, a consumer goods company, completed the acquisition of a majority stake in Goodness Group Global, a food and beverage company, for $14.13m. “We are thrilled that our brands and innovation have resonated so strongly and that our strategic partner RCPL recognizes the business opportunity for us all. RCPL is one of the fastest-growing players and a leading FMCG company. In RCPL, we have found an incredibly strong and sophisticated partner as part of our evolution as we become a global player in up to 50 western markets over the next five years. This partnership will provide the opportunity for the business to become the global leader in the ‘Better-For-You’ category," Troy Douglas, Goodness Group Founder.