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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 RCPL s strategy of acquiring distressed old Indian brands and relaunching them, similar to its previous acquisition of the Campa soft drink brand.

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