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Britannia Industries has formed a joint venture with Khimji Ramdas Group to run two bakery product companies in the West Asia market. Britannia said that the company and its associates have acquired 70 per cent beneficial stake in Dubai-based Strategic Foods International LLC and Oman- based Al Sallan Food Industries Co SAOG. The two companies export their products like cookies and biscuits to over 70 countries around the world. Both of them have a combined annual turnover of over Rs 160 crore with brands such as Nutro, Family Choice and Bakers Pride.
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| Posted : 3/23/2007 |
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