Varun Beverages to acquire Twizza for ₹1,118.7 cr
after close1 source ↓written by the desknot a recommendation
- combined capacity
- 100 million cases annually
Varun Beverages announced the acquisition of Twizza for an enterprise value of ₹1,118.7 cr. The deal will be executed through its subsidiary, Bevco, and is subject to regulatory approvals. Twizza, based in South Africa, operates three manufacturing facilities with a combined capacity of 100 million cases annually. This acquisition enhances Varun's footprint in the non-alcoholic beverage sector.
Not investment advice. For informational purposes only.