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.
Weather Update: Mercury below zero in Kashmir, Delhi colder than Mussoorie, cold wave in Rajasthan
Fog has started spreading in different states of the country amidst increasing cold. The mercury
The Government of India on Thursday said that the Archaeological Survey of India (ASI) is continu
There has been a lot of uproar over the web series 'IC 814 The Kandahar Hijack' which was recentl
Guru Purnima 2023: Purnima Tithi falls on the next day of Chaturdashi of Shukla Paksha every mont
PM Modi shaped the global agenda through foreign visits, deepened relations with partner countries
The Central Government informed the Rajya Sabha on Thursday that a little over Rs 239 crore has b
Students are marching to the State Secretariat (Nabanna Abhiyan) on Tuesday in protest against th
In many states of the country, the falling temperature has started showing its effect. Changes in
Prime Minister Narendra Modi is participating in the Empowered Women Development India program to
A minister of the United Arab Emirates (UAE) has become convinced of the ability of India's Exter
Threat again regarding Maha Kumbh 2025, uproar as soon as the screenshot went viral
After pro-Khalistan terrorist Gurpatwant Singh Pannu, another threat has been given regarding Mah