Market for all savouries, including ethnic namkeen ... snacks and beverages company is keen on a minority stake acquisition. In FY24, Haldiram Snack Foods posted revenue of ₹12,800 crore and makes and ...
While PepsiCo leads the western snacks segment with a 24% market share, it lags in ethnic snacks like namkeen and bhujiya. A partnership with Haldiram ... of a minority one. Previous discussions ...
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Market for all savouries ... In FY24, Haldiram Snack Foods posted revenue of ₹12,800 crore and makes and distributes 500 types of snacks, namkeen, sweets, ready to eat and pre-mixed food.
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PepsiCo is exploring the acquisition of a 10-15% stake in Haldiram Snacks Food. Haldiram's significant market presence and revenue surpass PepsiCo in India, making it an attractive investment target.
Near term, it is challenging for all namkeen and bhujia players ... But please note that even without Haldiram's transaction happening, the Bikaji stock gave one of the best returns in CY24 ...
PepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Global. The Aggarwal family, seeking their first external ...