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The Times of India
The Times of India
Business
PTI

Dabur India to acquire 51% stake in Badshah Masala

Dabur Dabur India Badshah India Mohit Burman Foods New Delhi

NEW DELHI: Home-grown FMCG firm Dabur India on Wednesday said it will acquire 51 per cent stake in Badshah Masala in a Rs 587.52-crore deal, marking its entry in the fast-growing spices and seasoning category.

The company has signed definitive transaction agreements to acquire 51 per cent shareholding of Badshah Masala Pvt Ltd, a firm engaged in manufacturing, marketing and export of ground spices, blended spices and seasonings, said a joint statement.

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