Acquiring Company
Heritage Foods Limited
Acquired Company
Peanutbutter and Jelly Limited
Description
Heritage Foods Limited has completed the acquisition of an additional 20% equity stake in Peanutbutter and Jelly Limited, increasing its ownership to 71%. This acquisition strengthens Heritage Foods' control over PBJL, allowing for enhanced governance and financial reporting. The transaction was finalized on July 27, 2026, after receiving board approval earlier in the month. PBJL is now recognized as a 71% subsidiary of Heritage Foods.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Peanutbutter and Jelly Limited?
Peanutbutter and Jelly Limited was acquired by Heritage Foods Limited. The deal was reported on July 27, 2026. Heritage Foods Limited is a leading dairy company founded in 1992. It offers a range of products including milk, curd, butter, and paneer. Heritage Foods Limited is privately held and operates in Food and Beverage.
When did Heritage Foods Limited acquire Peanutbutter and Jelly Limited?
Heritage Foods Limited's acquisition of Peanutbutter and Jelly Limited was reported on July 27, 2026. Heritage Foods Limited has completed the acquisition of an additional 20% equity stake in Peanutbutter and Jelly Limited, increasing its ownership to 71%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Peanutbutter and Jelly Limited do?
Peanutbutter and Jelly Limited specializes in the production of peanut butter and related food products. It is known for its commitment to quality and innovation in the food processing sector. It is privately held, operating in Food and Beverage, and is based in Mumbai.