Reliance Consumer Products acquires majority stake in Australia’s Goodness Group
RCPL enters Australia with a majority stake in Goodness Group, strengthening its global “Better-For-You” beverage ambitions.
AUSTRALIA – Reliance Consumer Products Limited (RCPL), the fast-growing FMCG arm of Reliance Industries, has announced the acquisition of a majority stake in Australia-based Goodness Group Global Pty Ltd, marking a significant step in its international expansion strategy.
The acquisition, which includes Goodness Group’s “Better-For-You” beverage business, will enable RCPL to enter the Australian market while strengthening its overseas presence.
Financial terms and the size of the stake acquired were not disclosed.
“Under the strategic partnership, RCPL will help promote Goodness Group’s flagship healthy beverages brands like Nexba and PACE – a hydration brand co-created with Australian cricket captain Pat Cummins, across newer markets including India,” the companies said in a joint statement.
The deal aligns with RCPL’s focus on building a health-oriented beverage portfolio and reinforces its ambition to emerge as a global FMCG player from India. RCPL already markets a range of wellness-focused beverages, including RasKik and Sun Crush juices, zero-sugar carbonated soft drinks, and herbal and natural beverage brand Shunya.
The company has expanded its footprint beyond India into markets such as the UAE, Qatar, Oman, Bahrain, Nepal and Sri Lanka, and is also scaling up its legacy soft drinks brand Campa across multiple regions.
“With our strong supply chain and distribution capabilities, RCPL will ensure expansion of GGG’s brands across newer markets and wide availability in India,” said RCPL Director T. Krishnakumar. “This move will further help RCPL meet its promise of making global quality accessible to everyone.”
Goodness Group Global, headquartered in Sydney, is a well-established player in Australia and operates across 21 international markets, offering healthier beverage options.
Its portfolio includes Nexba, BISON—a protein-based beverage—GOOD BREKKIE, which provides liquid breakfast solutions, and PACE, the hydration brand co-created with Pat Cummins.
Troy Douglas, Founder of Goodness Group, said the partnership would accelerate the company’s global ambitions. “In RCPL, we have found an incredibly strong and sophisticated partner as part of our evolution as we become a global player in up to 50 Western markets over the next five years,” Douglas said.
“This partnership will provide an opportunity for the business to become the global leader in the ‘Better-For-You’ category.”
RCPL was demerged from Reliance Retail and became a direct subsidiary of Reliance Industries Limited on December 1, 2025. The company has also expanded into personal care, acquiring the Tamil Nadu-based brand Velvette and relaunching it with products such as soaps, shampoos, shower gels, body lotions and talcum powders.
In the December quarter, it reported gross revenue of Rs 5,065 crore (US$610 million), representing 60% year-on-year growth. Its year-to-date gross revenue for FY26 has crossed Rs 15,000 crore (US$1.81 billion), 1.8 times higher than the same period last year.
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