Hotline: 1800 102 2007
X
Search Business Opportunities
Nov, 13 2018

Kellogg evaluates mega alliance with Haldiram's

Kellogg has kick-started discussions with iconic home-grown snack maker Haldiram's for a mega alliance.

Kellogg, the US-headquartered breakfast cereal giant, has kick-started discussions with iconic home-grown snack maker Haldiram's for a mega alliance.

A source familiar with ongoing negotiations said, "Kellogg is keen to diversify beyond its core breakfast cereal category and enter the ethnic snacks & sweets segment and has initiated talks to invest a 'significant' amount in the Delhi & Nagpur arms of Haldiram's. Deutsche Bank is advising Haldiram's on this proposed transaction."

Another source added, "Haldiram's wants to scale up their domestic business & also improve global presence. The proposed transaction is limited only to the packaged products business of Haldiram's and the restaurant business is not part of the ongoing talks." 

Comment
image
Related opportunities
  • Others Food Service
    About Us: Tempteys is India's first dedicated Cold beverage cafe serving..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Founded in the year 2001-2002, ITEM Secure Pvt. Ltd...
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Bars, Pubs & Lounge
    About Us: A multi-award winning, trendy resto-bar by Rachel Goenka, located..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Food processing equipment
    Why open one Food or Beverage Outlet? When you can..
    Locations looking for expansion New Delhi
    Establishment year 1957
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities