06 Jul 2026
Varun Beverages' arm VBL Kenya agreed to acquire the value-added dairy, juices and packaged-water business of Devyani Food Industries (Kenya) for about USD 32 million, roughly Rs 305 crore.
The seller is a promoter-group company, so it is a related-party deal. It deepens the Africa footprint beyond the PepsiCo bottling base; integration and pricing are what to watch.
18 Jun 2026
Varun Beverages will introduce Japan's Calpis brand in India through a franchise alliance with Asahi Group.
The tie-up widens VBL's non-carbonated portfolio with a new lactic-drink category to push through its distribution network.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.