Britannia Industries (BIL) has acquired a strategic stake in Daily Bread, a Bangalore-based boutique manufacturer and retailer of high-end bakery products, which includes a variety of European breads, pastries and savouries. Britannia did not specify the quantum of stake acquired
Daily Bread will soon introduce Italian Gelato and frozen desserts in the Indian market. The plans also include launching European-style Delicatessens and food emporiums in major metros.
Posted On : 7/13/2006 2:40:31 PM