News Muncher - searching for complan

Since I hail from a generation which has not heard of The Beatles, one of the most iconic rock groups from Liverpool, you might be quite flabbergasted reading this write-up while gulping down your first cup of Complan for the day! Now that we’re Paul together, let’s start: A day with the legend would begin with tea and biscuits and …

“In fact, the protection given to an “In fact, the protection given to an The Delhi High Court has held that Justice Manmohan was considering a suit filed by Horlicks Ltd for damages and permanent injunction restraining infringement, disparagement and unfair trade practices against HEINZ India Private Limited. The The court held that the COMPLAN That though in comparative advertising …

The message for the Horlicks maker in the Complan deal

While health drinks such as Complan and Horlicks earn decent margins, their sales growth has slowed down. Revenues in the four quarters ended June is similar at ₹ 1,150 crore, with an Ebitda margin of 19.7%. This is only slightly lower than the 21.7% that Horlicks’s owner GSK Consumer Healthcare Ltd earned in this period. The Heinz brands fetched ₹ …

Complan

Zydus to buy Heinz’s India business, including Complan, for Rs4,595 crore

New Delhi: Zydus Wellness, a part of the Ahmedabad-headquartered Zydus group, today announced plans to acquire Heinz India, known for its brands like Complan, Glucon D, Nycil and Sampriti Ghee. The company said it had entered into a definitive agreement to acquire the subsidiary of Kraft Heinz, Heinz India Private Limited, jointly with Cadila Healthcare Ltd., at a valuation of …

Kraft Heinz agrees to sell Complan to Zydus Wellness

Mumbai/London: Kraft Heinz Co. has agreed to sell a portfolio of Indian businesses, including children’s milk drink Complan, to Zydus Wellness Ltd, people with knowledge of the matter said. The Times of India reported earlier this month that Zydus was close to a deal for brands including Complan and that buyout firms were in late-stage discussions to back the Indian …

Complan and Horlicks sale signals low energy in health drinks market

Kraft Heinz is said to weigh $1 billion Complan sale in India

Mumbai/London: Kraft Heinz Co. is considering a sale of children’s milk drink brand Complan in India, which could fetch about $1 billion, people familiar with the matter said. Kraft Heinz is bringing Complan to market as UK pharmaceutical firm GlaxoSmithKline Plc weighs selling its stake in its Indian consumer health subsidiary, which owns malted milk drinks brand Horlicks. “India could …