HAP in a BSE filing said that the company’s board has “approved the acquisition of 100% of the issued and paid-up share capital of the Milk Mantra Dairy Private Limited
Post acquisition, Bhubaneswar-based Milk Mantra will become a wholly-owned subsidiary of HAP, the filing added
With this deal, HAP aims to expand its geographical footprint in Odisha and the eastern dairy market
Chennai-based Hatsun Agro has acquired Milk Mantra for INR 233 Cr (around $26 Mn) to expand its footprint in the dairy market.
HAP in…