India: Prataap Snacks acquires 80% stake in local firm for $21m

India: Prataap Snacks acquires 80% stake in local firm for $21m

Image from Yellow Diamond facebook.

Prataap Snacks Ltd, the Indore-based listed snack manufacturer, on Wednesday announced the acquisition of Avadh Snacks Pvt Ltd, a Gujarat based snack foods company for Rs 148 crore ($21.12 million).

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