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Motilal Oswal

Kraft Heinz likely enter into a distribution partnership with Indo Nissin Foods

Updated : February 06, 2019 07:22 PM IST

After selling a part of its Indian business to Zydus Wellness, Kraft Heinz is all set to enter into a distribution partnership with Indo Nissin Foods, said sources familiar with the matter.

Indo Nissin will distribute Kraft Heinz's tomato ketchup in India, sources told CNBC-TV18, requesting anonymity, adding that the US food company is also planning to bring some of its global brands to the country.

Last year, in a $627.18 million deal, Kraft Heinz sold some of its brands in India, including malt-based drink Complan and energy drink Glucon-D, to Zydus Wellness Ltd and its parent Cadila Healthcare Ltd.
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