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Article: Britannia forms JV with Khimji Ramdas Group.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- March 20, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Britannia forms JV with Khimji Ramdas Group
Bangalore, Mar 20 (PTI) Britannia Industries Limited today announced formation of a joint venture with Khimji Ramdas Group of UAE to run two backery product companies in the fast-growing Middle East market.
Britannia and its associates have acquired 70 per cent beneficial stake in Dubai-based Strategic Foods International LLC and Oman-based Al Sallan Food Industries Co SAOG, the company said in a statement.
The two companies are significant regional players in biscuit and cookies segement in the GCC markets and export their product to over 70 countries around the world. They have a combined annual ...