Zydus to buy Heinz India for â¹4,600 cr; to own Complan, Glucon-D
Zydus Wellness and parent Cadila Healthcare have jointly agreed to acquire Heinz India, whose brands include Complan, Glucon-D, Nycil and Sampriti ghee, for â¹4,595 crore. For the four brands, the Indian unit of Kraft Heinz recorded revenues of about â¹1,150 crores for the 12-month period ended June. Heinz India's business also comprises two large manufacturing facilities in UP and Uttarakhand.