Dabur acquires majority stake in Badshah Masala for Rs 587-crore

Dabur India has announced that it has signed definitive transaction agreements to acquire 51% shareholding of Badshah Masala, which is engaged in the business of manufacturing, marketing and export of ground spices, blended spices and seasonings. This acquisition is in line with Dabur’s strategic intent to expand its foods business to Rs 500-crore in three years and expand into new adjacent categories.

by Rahul Kumar