Adani Wilmar shares rise 5.5% as company to acquire ‘Tops’ parent GD Foods. At 9:45 am, Adani Wilmar stock was trading at ...
AWL will acquire 80% of GD Foods in the first tranche, with the remaining 20% to be acquired over three years.
Adani Wilmar has acquired G.D. Foods, the maker of Tops sauces and pickles, hoping it will accelerate its FMCG push. .However ...
Adani Wilmar has a pan-India presence, particularly in North India and post the acquisition, the company will be able to ...
The acquisition of GD Foods aligns with Adani Wilmar's vision to enlarge offerings and build a formidable presence in the ...
FMCG firm Adani Wilmar Ltd on Tuesday announced the acquisition of GD Foods Manufacturing, which sells food products under ...
Adani Wilmar Limited, one of India's largest Food FMCG companies, renowned for its household brand 'Fortune', today announced ...
The edible oil major also said the 'Tops' brand is among the top three players in the tomato ketchup and pickles category ...
The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche and ...
In FY’24, GD Foods achieved a revenue of Rs. 386 crores, growing at a 3-year CAGR of 15%, and recorded an EBITDA of Rs. 32 ...
Nuvama Institutional Equities has retained its 'Buy' rating on Adani Wilmar Ltd with a 12-month target price of Rs 424 on the stock, suggesting a 65 per cent potential upside over the prevailing ...
It will be funded through internal accruals and IPO proceeds. Adani Wilmar (AWL) to strengthen its presence in the kitchen essentials segment AWL plans to fund the acquisition through internal ...