ITC Completes Yoga Bar Acquisition For ₹645 Cr

by · Inc42

SUMMARY

  • ITC has completed the acquisition of 100% of Sproutlife Foods, the parent of healthy snacking brand Yoga Bar
  • The latest acquisition is in line with ITC’s strategy of building a “future-ready” portfolio in the foods segment
  • In the latest transaction, ITC bought the remaining 52.5% stake in Yoga Bar for around ₹645 Cr