Food Processing & FMCG Group looking for Investment
About Business
It is an Ahmedabad based company manufacturing wide range of personal and food products. Started in 1998, their product portfolio consists of wide spectrum of hair care, personal care, herbal products, instant powder drink, skin care, energy drink, peanut butter. This range is constantly expanding to serve a larger and diverse base of consumers world over. Its products are available in more than 45 countries. It covers several countries in the Middle East, Southeast Asia and parts of Europe through its reputed distribution network. Its monthly production capacity is 500-600 metric tons of products. The company has stable sales figures with 10% operating margin.
Their future plan:
The company will add distributors in various countries in Asia, Africa; USA, UK and many more. The company will also add a new range of skin care products including face cream, body lotion, face mask, baby cream, etc under a ‘NEW’ Brand name. The company plans to re-introduce its brand range of products in the Indian market through new distribution partners, government contract, railways, CSD stores and canteens and eventually targeting to SAARC countries.
The last year's turnover is more than INR 46 Cr. It is looking for an investment of INR15 Crore for in lieu of 15% equity.
Reason
Looking for investment for expansion
Business Tags
₹10 to ₹200 Cr
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