|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Investments in the food industry on a roll as Foodservice India acquires Sil Foods
|
|
Tuesday, 02 March, 2021, 08 : 00 AM [IST]
|
|
Our Bureau, Mumbai
|
Sil Foods Private Limited has been acquired by Foodservice India Private Limited, a leading food solutions company for the Food service sector in India and Middle East, for an undisclosed amount.
With this acquisition, SIL will get the resources to expand its distribution footprint as well as product range. SIL has a presence in Indian market for over 70 years in the Indian market and has a range of Jams, Sauces, Ketchups, Canned products and Mayonnaise in their retail product portfolio. It is one of the brands which has been in the country ahead of its time in launching the niche products like baked beans, mayonnaise in the country.
The company is known for unique products which are made using the traditional process combined with modern technology. For example, Soya sauce manufactured by the company is using the traditional fermentation process, as against most products available in market made by reconstituting solids with water, colour and flavour. The company manufactured all its products in a factory near Pune, Maharashtra.
The company has established itself as a leading food solutions provider with a strong market presence in the Hotels, Restaurants and Catering Segment with multiple product categories of seasonings, spices, Gravies and Sauces, Beverage solutions, etc. The company’s solutions are used by over 25,000 Restaurants across Indian Subcontinent and Middle East. The company is present in over 70 cities across India.
The company is a part of VKL Food Solutions Enterprise which is India’s leading food solutions group, which established VKL seasoning Private Limited, a company where investment in recent times were done from Firmenich, one of the world’s largest ingredients and flavours company.
|
|
|
|
|
|
|
|
|
|