3 months ago
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Reliance Consumer Products Limited (RCPL), the FMCG limb of Reliance Industries Limited (RIL), has acquired a wellness foods shaper from Tamil Nadu — Southern Health Foods Private Limited (SHFPL) — for an aggregate cash consideration of ₹156.42 crore from existing shareholders.
Consequently, SHFPL has go a wholly owned subsidiary of RCPL effectual February 9, 2026, RIL said successful a statement.
SHFPL was incorporated connected April 16, 2012. The turnover of SHFPL for the FY2024-25, FY2023-24 and FY2022-23 was ₹109.40 crore, ₹127.37 crore and ₹126.65 crore, respectively.
The company, represented by its flagship marque Manna, has been a shaper of wide-ranging steadfast foods for implicit 2 decades.
The summation of Manna adds to RCPL’s foods and staples portfolio that includes brands similar Udhaiyam, Independence and SiL, done gathering a beardown concern vertical successful the increasing millet-based foods segment, the institution said.
T. Krishnakumar, Director, Reliance Consumer Products Limited, said, “Manna is 1 of the astir trusted names successful the health-focused foods marketplace successful Tamil Nadu with a noticeable beingness successful the adjoining states. It is known for steadfast offerings similar millet-based staples and mixes, drinks and babe food.”
“Apart from adding musculus to RCPL’s packaged foods portfolio, Manna’s summation volition assistance america service consumers the champion nutritious foods,” helium said.
“With our beardown distribution, R&D and proviso concatenation capabilities, Manna would beryllium made disposable successful different geographies — yet making it a household sanction crossed the country,” helium added.
Southern Health Foods is simply a cardinal subordinate successful respective health-focused nutrient categories, similar packaged steadfast foods, including millets, oats, multi-grain products, wellness mixes, meal cereals, and adust fruits, among others.
Its flagship brand, Manna, is known for its steadfast offerings successful galore emerging packaged nutrient categories similar millet flour, babe foods and multigrain portion mix.
