Bikaji Foods acquires 55% stake in Ariba Foods to enhance frozen food production capabilities
Acquiring Company
Bikaji Foods
Acquired Company
Ariba Foods
BikanerUjjainFood and BeverageHospitalityFood ProcessingManufacturingFood and BeverageFood ProcessingDescription
Bikaji Foods has successfully acquired a 55% stake in Ujjain-based Ariba Foods for Rs 60.49 crore. This strategic move aims to boost Bikaji's frozen food production capabilities and expand its market presence, aligning with its vision for growth and expansion.
Quick answer
Bikaji Foods is acquiring Ariba Foods, announced August 23, 2024. Bikaji Foods is based in Bikaner, Rajasthan, India.
- How much did Bikaji Foods pay for Ariba Foods?
- The deal value was not disclosed.
- What does Bikaji Foods do?
- Bikaji Foods is a leading Indian snacks and frozen foods company with a strong focus on innovation, quality, and market expansion.
- Where are Bikaji Foods and Ariba Foods based?
- Bikaji Foods is based in Bikaner, Rajasthan, India. Ariba Foods is based in Ujjain, Madhya Pradesh, India.
- Who are the decision-makers at Bikaji Foods?
- Fundz holds 2 contacts at Bikaji Foods. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Bikaji Foods, and when
When Bikaji Foods changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Bikaji Foods raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bikaji Foods, from your own LinkedIn network
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Frequently asked
Who acquired Ariba Foods?
Ariba Foods was acquired by Bikaji Foods, based in Bikaner. The deal was reported on August 23, 2024. Bikaji Foods is a leading Indian snacks and frozen foods company with a strong focus on innovation, quality, and market expansion. Bikaji Foods is privately held and operates in Food and Beverage.
When did Bikaji Foods acquire Ariba Foods?
Bikaji Foods's acquisition of Ariba Foods was reported on August 23, 2024. Bikaji Foods has successfully acquired a 55% stake in Ujjain-based Ariba Foods for Rs 60.49 crore. This strategic move aims to boost Bikaji's frozen food production capabilities and expand its market presence, aligning with its vision for growth and expansion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ariba Foods do?
Ariba Foods is a Ujjain-based snacks and frozen foods company known for its brand InDine, specializing in the production and sale of a variety of snacks and frozen foods such as samosas, naans, parathas, and sweets. It is privately held, operating in Manufacturing, and is based in Ujjain.
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