Home / Companies / News / Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Dabur India to acquire majority stake in Badshah Masala for Rs 587 crore

Acquisition in line with its strategic intent to expand its food biz to Rs 500 crore in 3 years

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The spice major is engaged in the business of manufacturing, marketing, and export of ground spices, blended spices, and seasoning.

Pratigya Yadav New Delhi

3 min read Last Updated : Oct 26 2022 | 11:17 PM IST

Fast-moving consumer goods major Dabur India is set to enter the branded spices and seasoning category. It has signed an agreement to acquire 51 per cent in Badshah Masala for a cash consideration of Rs 587.52 crore. The acquisition, the company says, is in line with its strategic intent to expand its food biz to Rs 500 crore in three years.

The spice major is engaged in the business of manufacturing, marketing, and export of ground spices, blended spices, and seasoning.

Dabur expects to complete the stake buy on or before March 31, 2023. It has also said it would acquire the

Topics : Dabur India Dabur FMCG Companies food and beverages

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