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Combined entity will generate annual revenue of Rs 1,700 crore, says Cadila Healthcare's Sharvil Patel

Updated : October 24, 2018 06:44 PM IST

Gujarat-based Zydus Cadila group on Wednesday acquired the consumer brand business of Kraft Heinz in India — including children’s energy drink brand Complan — for Rs 4,595 crore.
Zydus Wellness Ltd, which spearheads the consumer business of the Zydus group has signed an agreement to acquire the subsidiary of Kraft Heinz, Heinz India Private Limited jointly with Cadila Healthcare Ltd.
Combined entity will generate annual revenue of Rs 1,700 crore, says Cadila Healthcare's Sharvil Patel

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