Hyderabad, January 5, 2026: Heritage Foods Limited on Monday announced the completion of its acquisition of a majority stake in Peanutbutter and Jelly Private Limited, marking a strategic expansion into the branded foods and quick-service restaurant space.
The company has acquired 51 percent equity share capital of Peanutbutter and Jelly Private Limited after fully discharging the purchase consideration of ₹9 crore. With the transaction now closed, Peanutbutter and Jelly Private Limited has officially become a subsidiary of Heritage Foods Limited.
Transaction Details
The acquisition was executed through a share purchase arrangement with Sky Gate Hospitality Private Limited, the erstwhile shareholder of Peanutbutter and Jelly Private Limited. The entire consideration amount was paid on January 5, 2026, completing the transaction as planned.Key Deal Snapshot
| Particulars | Details |
|---|---|
| Stake acquired | 51% |
| Consideration paid | ₹9 crore |
| Acquisition status | Completed |
| Resulting structure | Subsidiary of Heritage Foods |
About the Company
Heritage Foods Limited is a listed Indian food and dairy company with a strong presence across milk procurement, processing, and value-added dairy products. The company continues to expand its footprint across adjacent food categories as part of its long-term growth strategy.Source:
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