Millennium Post

Britannia, Greece Chipita form Rs 100 crore croissant JV

Britannia, Greece Chipita form  Rs 100 crore croissant JV
FMCG major Britannia Industries on Tuesday said it has entered into a joint venture with Chipita SA. The estimated investment in the joint venture company -- Britchip Foods Ltd -- in Phase I is Rs 100 crore. "The company has signed a joint venture agreement with Chipita SA, a Greek company, for the purpose of developing, producing and selling ready-to-eat croissants and any other product as may be agreed between the parties through a joint venture company, Britchip Foods Ltd," the FMCG major said in a BSE filing.
Agencies

Agencies

Our contributor helps bringing the latest updates to you


Share it
Top