Prataap Snacks to acquire 80% stake in Avadh Snacks for Rs 148 crore
Prataap Snacks today said it will acquire 80 per cent stake in Gujarat-based Avadh Snacks for a consideration of Rs 148 crore.
This would be through a combination of primary and secondary investment, Prataap Snacks said in a statement.
Commenting on the development Prataap Snacks MD & CEO Amit Kumar said: "Our acquisition of Avadh will help us accelerate our growth and deepen our presence in the key market of Gujarat."
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