💨 Abstract

Agro Tech Foods Limited (ATFL) has successfully completed the acquisition of Del Monte Foods Private Limited (DMFPL), a significant move in its expansion strategy. The combined entities had a turnover of Rs 1,300 crore in FY24, with 40% attributed to DMFPL. The acquisition solidifies ATFL's position as a leading player in India's food and FMCG sector.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖