Bikaji Foods International to Acquire 74% Stake in Jai Barbareek Dev Snacks

Deal Summary

Bikaji Foods International announced it will acquire a 74% stake in Chhattisgarh‑based Jai Barbareek Dev Snacks, making the snack maker a subsidiary. The acquisition was disclosed in a stock‑exchange filing on 21 May and follows Bikaji’s plan to expand its Indian footprint. The purchase price was not disclosed.