M&As, Funding & Investments

The transaction is expected to close later in the third quarter, marking a new chapter for FlavorSum under Warburg Pincus ownership.

The acquisition aligns with Reliance’s broader plan to scale its presence in India’s growing health and wellness beverage market.

Diageo is evaluating its controlling interest in EABL as part of a broader move to streamline global operations.

The new facility is expected to produce up to 70 million litres of ethanol annually, supporting India’s fuel blending goals.

The deal includes 1,188 Carrefour Italy stores and is expected to close by the end of 2025 pending approvals.