Parle Ji, the popular name of the biscuit industry in the country, needs no introduction. This brand is very popular among people of all ages from kids to adults because of its products. The country's largest biscuit brand is now preparing to give a new dimension to its business. According to media reports, Parle-G may buy a Polish company, Dr. Gerard.
According to media reports, Indian biscuit maker Parle G may soon buy Polish company, Dr. Gerard. Parle company is in talks with private equity firm Bridgepoint for this deal. The Dr. Gerard company, established in 1993, was bought by Bridgepoint from Groupe Poult of France in 2013.
According to the information available on the company's website, Dr. Gerard, a Polish company, manufactures about 200 products. Its product list includes a variety of biscuits and salty snacks. The company exports these products to more than 30 countries. Earlier this year, Bridgepoint hired investment bank Houlihan Loki to exit Dr. Gerard, but the process did not pick up due to the Russia-Ukraine war.
However, there has been no official comment from Parle, Bridgepoint, or Dr. Gerard about this deal so far. According to media reports, the estimated value of this biscuit maker company from Poland is 10 to 12 billion rupees. In these reports, it has also been said by quoting a person associated with this case that this value can increase to $ 24 billion. Let us tell you that the Parle Company was started in the year 1929.
Copa del Rey: Real Madrid won the Copa del Rey title after nine years, defeating Osasuna; Rodrigo scored two goals
With the help of two goals from young forward Rodrigo, Real Madrid defeated Osasuna 2-1 in the final match to win the title of the Spanish football tournament Copa del. Real Madrid has won this title
Buy this new launch 50-inch smart TV at more than 50% discount, you will get attractive features at a low price
A bumper discount is available on Smart TV on Amazon. There is a discount of 51% on the recently launched iFFALCON 50-inch TVs in the sale. Great deals are also available on recently launched TCL and
Adipurush Twitter Review: Prabhas Adipurush hit the theatres, see VFX and know how people reacted
Adipurush Twitter Review: Prabhas and Kriti Sanon starrer film 'Adipurush' fans were waiting for a long time. However, when the teaser of this film was released, people criticized the character of
Violence: A huge decline in the incidents of violence in India, claims in the book – Terrorist incidents reduced by 70 percent
There has been a drastic reduction in incidents of violence in India in recent years. This claim has been made in a new book. The upcoming book 'Internal Security in India: Violence, Order, and the
Salaar Twitter Review: 'Salaar' saved Prabhas's sinking boat or did it create a divide? The audience gave its verdict
Salaar Twitter Review: A day after the release of Shah Rukh Khan's 'Dinky', finally Rebel Star Prabhas's film Salaar has hit the theatres. After the release of the second trailer of 'Salaar' directed
China Economy: A market condition in China is bad, foreign investors are preparing to exit
After five years of the ruling Communist Party's conference in China, the stock market there has seen a big decline. According to media reports, foreign investors can sell massively in the coming time
Joe Biden: US President Joe Biden's difficulties may increase, government records recovered from the old office
US President Joe Biden may now be embroiled in a new controversy. The case of finding government documents in Biden's private office has caught fire. Let us inform you that many confidential documents
Satish Kaushik: Satish Kaushik was engrossed in Holi with friends, their last tweet went viral after his death
Satish Kaushik Passes Away At 66: A very sad and heartbreaking news is coming from the Bollywood film industry. Renowned Bollywood actor and director Satish Kaushik passed away on Thursday. Heart
World Cup 2023: Afghanistan captain especially thanked Indian fans after defeating Sri Lanka
Afghanistan captain Hashmatullah Shahidi on Monday thanked the Indian fans after defeating Sri Lanka by seven wickets with 28 balls to spare in the 30th match of the World Cup 2023.
Afghanistan Earthquake: Earthquake tremors again in Afghanistan, earth trembled for the second time in 24 hours
Earthquake tremors have occurred once again in Afghanistan. The intensity of the earthquake has been measured at 4.1 on the Richter scale. The epicenter of the earthquake is being told near Faizabad.