Heritage Foods Acquires Majority Stake In Get-A-Way

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SUMMARY

The listed dairy company has bought the stake from existing backer Biryani By Kilo, which acquired a majority stake in the healthy dessert startup in 2022 for $2 Mn

While the remaining 49% stake will continue to be held by the promoters, the deal provides the dairy company the option to buy an additional 20% stake from the promoters post March 2026

Founded in 2018, Get-A-Way sells low-calorie, high-protein frozen desserts such as ice creams, popsicles and kulfis

Hyderabad-based dairy company Heritage Foods yesterday…



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Heritage Foods Acquires Majority Stake In Get-A-Way


SUMMARY

The listed dairy company has bought the stake from existing backer Biryani By Kilo, which acquired a majority stake in the healthy dessert startup in 2022 for $2 Mn

While the remaining 49% stake will continue to be held by the promoters, the deal provides the dairy company the option to buy an additional 20% stake from the promoters post March 2026

Founded in 2018, Get-A-Way sells low-calorie, high-protein frozen desserts such as ice creams, popsicles and kulfis

Hyderabad-based dairy company Heritage Foods yesterday…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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