Haldiram Snacks PVT LTD Details

Haldiram Snacks PVT LTD News

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  Snack maker Haldiram’s said to weigh IPO as sale talks stall

  The Agarwal family is considering a listing as bids in the region of $8 billion to $8.5 billion didn’t meet its valuation expectations of about $12 billion, according to the people, who asked not to be identified discussing private information.

  

  Bain+Temasek adds spice to Haldiram snacks party

  The Bain and Temasek combination submitted a non-binding offer late last week valuing India’s largest snack and convenience foods company at $8-8.5 billion (Rs 66,400-70,500 crore), after initially engaging with the founding family of the 87-yearold brand separately, said people aware of the matter.

  

  Bain teams up with Temasek to compete with Blackstone-led consortium for controlling stake in Haldiram's

  The Bain and Temasek combination submitted a non-binding offer late last week valuing India’s largest snack and convenience foods company at $8-8.5 billion (Rs 66,400-70,500 crore), after initially engaging with the founding family of the 87-yearold brand separately, said people aware of the matter.

  

  From Bikaner to Blackstone: The success story of humble Haldiram's

  Since 2016-17, several private equity firms including General Atlantic, Bain Capital, Capital International, TA Associates, Warburg Pincus, Everston have been talking with the Agarwal family for a minority stake or a controlling one. Haldiram's journey from humble beginnings with a bhujia recipe to a billions-dollar empire is the stuff of business legends.

  

  It's crunch time: Blackstone teams up with ADIA, GIC for Haldiram Snacks bid

  A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is India’s largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are merging their snacks and packaged foods business, demerging the restaurant operations.

  

  It's crunch time: Blackstone teams up with ADIA, GIC for Haldiram Snacks bid

  A non-binding offer has been submitted to buy up to 76% of co at $8.5 bn valuation; 87-year old Haldiram with roots in Bikaner, Rajasthan is India’s largest snack and convenience foods company. Delhi and Nagpur factions of the Agarwal family are merging their snacks and packaged foods business, demerging the restaurant operations.

  

  CCI approves Haldiram Group merger plan

  India's fair-trade regulator, the Competition Commission of India (CCI), has approved three deals, including a merger involving Dutch biotechnology company Koninklijke DSM, fragrance and flavour developer Firmenich International​, the demerger of the FMCG business of Haldiram Snacks and Haldiram Foods into Haldiram Snacks Food, and the sale of SBP Packagings to C-Flex India Entities. The CCI scrutinises deals beyond a certain monetary threshold in India.

  

  CCI approves demerger of FMCG business of Haldiram Snacks and Haldiram Foods

  Haldiram Snacks manufactures and distributes packaged food products such as snacks, namkeen, sweets, ready-to-eat, pre-mixed and frozen foods, and is operated by Manohar Agarwal and. Madhu Sudan Agarwal. Haldiram Foods International, on the other hand, is headquartered in Nagpur, and headed by Kamalkumar Shivkisan Agrawal.

  

  Kwality insolvency: NCLT directs lenders to consider Haldiram Snacks' revised offer of Rs 145 cr

  The Delhi-based bench of the tribunal has also extended the Corporate Insolvency Resolution period by another three weeks and directed the Committee of Creditor (CoC) to reconsider the enhanced offer. Earlier, the lenders of Kwality Ltd had rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden dairy firm.

  

  Cosmo Films-led group keen to bid for Kwality

  ET had reported on September 3 that a team of Haldiram Snacks and Pioneer Securities had offered Rs 128 crore to acquire Kwality that owes Rs 1,969 crore to a clutch of lenders.