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Acquiring Company
ITC Limited
Acquired Company
Sproutlife Foods Private Ltd
JamshedpurIndiaOtherAgriculture and FarmingSoftwareFood and BeverageAgriculture and FarmingHospitalityFood ProcessingDescription
ITC Ltd has successfully acquired the remaining stake in Sproutlife Foods Private Ltd for approximately ₹645 crore, increasing its ownership to 100%. This strategic move is part of ITC's efforts to enhance its portfolio in the food segment. Following the acquisition, Sproutlife is now a wholly owned subsidiary of ITC as of September 28, 2026.
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Frequently asked
Who acquired Sproutlife Foods Private Ltd?
Sproutlife Foods Private Ltd was acquired by ITC Limited, based in Jamshedpur. The deal was reported on September 28, 2026. ITC Limited is one of India's leading FMCG companies, operating in various sectors including hotels, paperboards, packaging, agri-business, and information technology. ITC Limited is privately held and operates in Other.
When did ITC Limited acquire Sproutlife Foods Private Ltd?
ITC Limited's acquisition of Sproutlife Foods Private Ltd was reported on September 28, 2026. ITC Ltd has successfully acquired the remaining stake in Sproutlife Foods Private Ltd for approximately ₹645 crore, increasing its ownership to 100%. This strategic move is part of ITC's efforts to enhance its portfolio in the food segment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sproutlife Foods Private Ltd do?
Sproutlife Foods Private Ltd specializes in new and innovative food products. The company is focused on health-conscious consumers and offers a range of nutritious food options. It is privately held, operating in Food and Beverage, and is based in India.
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