India leads the Asia Pacific market with the highest number of new food, drink and supplement launches with immune system-boosting claims since the pandemic began. While all supplements sales have gone up, emerging ingredients include postbiotics and parabiotics. Devendra Chawla, CEO of Spencer’s Retail and Nature’s Basket told the Times...
CX Partners To Buy $100 Million Stake in India’s Cremica
CX Partners, an investor group, is set to acquire a 48% stake in India based Mrs. Bector's Food Specialties, Ltd., also known by its brand name Cremica, for $100 million. The consortium, which includes some international limited partners, will buy out the shares held by Motilal Oswal Private Equity Advisors...