Reliance Consumer Products acquires Ravalgaon's confectionery brands for Rs 27 crore, ET Retail
Reliance Consumer Products (RCPL) has acquired the trademarks, recipes, and all intellectual property rights of sugar-boiled confectionery maker Ravalgaon for Rs 27 crore, according to a disclosure by Ravalgaon Sugar Farm Ltd. Ravalgaon owns nine confectionery brands, including Pan Pasand and Coffee Break, aligning with RCPLs strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand.
Pan Pasand Ravalgaon Sugar Farm Ltd Consumer Products Ravalgaon Sugar Farm Coffee Break Reliance Consumer Products
Source: indiatimes.com