The Competition Commission of India approved a minority stake acquisition in Micro Life Sciences Pvt. Ltd, by South Elm Investments B.V., a Dutch investment holding company. The deal was valued at $210 million. The shareholders of South Elm Investments are private equity funds managed by Warburg Pincus LLC. Gujarat-based Micro...
Lego to Scale up its India Operations
Currently, Danish toy maker Lego follows a distributor-led business model in India, and Amit Kararia, senior regional sales manager, South Asia, at Lego says, "Our business has been growing at high double digits." Seeking to double its business in India over the next three years, Lego plans to inaugurate single-brand...
Dutch Baker Signs Joint Venture
Dutch baking ingredient supplier Zeelandia says its new joint venture with Fine Organics in India will primarily target the nation's growing market for Western-style breads and pastries according to Food Navigator.