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Hatsun Agro Buys Milk Mantra For INR 233 Cr

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SUMMARY

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…

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