The acquisition brings Cvista’s citrus processing expertise, facilities and specialized team into Mane’s global flavor and fragrance operations.
The full impact of Reliance’s entry will become clearer over the next 12 to 18 months as the company scales operations and consumer response emerges.
The Patalganga expansion is expected to strengthen Novonesis’ supply network and support growing demand for biosolutions across emerging markets.
The strategic funding comes as Above Food advances its restructuring, Nasdaq relisting efforts and commercialization plans.
India’s food regulator has issued more than 150 notices to leading food, beverage and food-service companies over advertising, labelling and food-safety violations.