Friday, March 24, 2006

News: ADF Foods to acquire two American brands

(BL 24/03/2006) Mumbai - ADF Foods Limited has decided to acquire two brands, Camel and Aeroplane, from American Dry Fruit Stores.

At the meeting held yesterday, the board gave its nod to the acquisition and also approved a proposal for setting up a unit in the special economic zone at Surat in Gujarat, the company informed the Bombay Stock Exchange.

The unit would cater to the export market and manufacture frozen food, chutneys and pickles.

0 Comments:

Post a Comment

<< Home