AWL Agri Business Reports Record Revenue and Profit in FY 2025 Apr 29, 2025
AWL Agri Business Reports Strong FY25 Performance, Plans Aggressive Expansion in Basmati Rice Retail Apr 28, 2025
AWL Agri Business Reports Strong FY2025 Performance with 24% Revenue Growth and 21% Q4 Profit Surge Apr 28, 2025
More news about AWL Agri Business
08Apr 25
Adani Wilmar Rebrands as AWL Agri Business in Strategic Shift
Adani Wilmar Limited, a major Indian food processing company, will change its name to AWL Agri Business effective April 16. This rebranding initiative suggests a potential strategic shift towards broader agricultural operations. The move may impact investors, customers, and industry partners, possibly indicating plans for expansion or diversification in the agribusiness sector. Full details of accompanying changes are yet to be disclosed.
05Mar 25
Adani Wilmar Expands Portfolio with Acquisition of 'Tops' Brand Owner GD Foods
Adani Wilmar Limited (AWL) has signed an agreement to acquire G.D. Foods Manufacturing, owner of the 'Tops' brand, valued at INR 603 crores for 80% stake. The acquisition will be completed in multiple tranches over three years. This move expands AWL's product portfolio in the value-added foods segment, adding 8 new product categories and strengthening its presence in North India. GD Foods, with a strong presence in over 150,000 retail outlets, reported revenue of INR 386 crores in FY 2023-2024 with an EBITDA of INR 32 crores. The deal is expected to close within 60 days, subject to customary conditions.
04Mar 25
Adani Wilmar Expands Portfolio with Acquisition of 'Tops' Brand Owner G.D. Foods
Adani Wilmar Limited (AWL) has signed an agreement to acquire G.D. Foods Manufacturing, owner of the 'Tops' brand, for an enterprise value of ₹603 crores for 80% stake. The acquisition will be completed in multiple tranches, with the remaining 20% to be acquired over three years. G.D. Foods reported ₹386 crores revenue in FY2024 with a 15% 3-year CAGR. This strategic move will add 8 new product categories to AWL's portfolio, strengthen its presence in value-added products, and expand the 'Tops' brand reach using AWL's distribution network. 'Tops' is among the top 3 players in tomato ketchup and pickles in its core markets, with a presence in over 150,000 outlets across seven North Indian states.