Zydus Wellness, Cadila to buy Kraft Heinz India

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Reuters
Last Updated : Oct 24 2018 | 12:35 PM IST

(Reuters) - Indian consumer company Zydus Wellness Ltd and Cadila Healthcare Ltd will jointly buy Heinz India Private Ltd for 45.95 billion rupees ($627.18 million).

Zydus and Cadila will buy entities including malt-based health drink Complan and energy drink Glucon-D, Zydus said.

($1 = 73.2650 rupees)

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

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First Published: Oct 24 2018 | 12:29 PM IST

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