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ITC to take over spices company Sunrise Foods

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited, which has operated primarily in the spice business under the trademark "Sunrise"

twitter-logoReuters Last Updated: May 25, 2020 | 09:13 IST
ITC to take over spices company Sunrise Foods

Indian consumer goods giant ITC (ITC.NS) is going to acquire spices maker Sunrise Foods Private Limited, the company said in a statement to stock exchanges on Sunday.

The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited, which has operated primarily in the spice business under the trademark "Sunrise", the Kolkata-based company said.

The size of the deal was not revealed.

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