|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Wilmar International to acquire 13 % stake in AWL Agri Business Ltd for Rs 4,650 crore in strategic move
|
|
Thursday, 13 November, 2025, 14 : 00 PM [IST]
|
|
Our Bureau, Mumbai
|
In a strategic play within India’s agri-consumer business space, Wilmar International’s subsidiary Lence Pte Ltd has agreed to purchase a roughly 13 % stake in AWL Agri Business Ltd (formerly Adani Wilmar Ltd) from the Adani Group for approximately ?4,650 crore (US$ ˜ 529 million) at ?275 per share.
The deal forms part of a broader arrangement announced in July 2025, by which the Adani Group plans to divest its entire c. 44 % stake in AWL Agri to sharpen its focus on infrastructure and core assets. Under the agreement, Lence may acquire between 11 % and 20 % of the company’s paid-up equity capital; after the transaction, Wilmar’s total holding will rise to between approximately 54.9 % and 63.9 %—making it the controlling shareholder.
For AWL Agri, the transition heralds a change in governance and ownership. The company is a major player in India’s edible-oils and food-staples sector, and this shift positions Wilmar to take full charge of strategic direction. For Adani, the move marks a decisive exit from its FMCG joint-venture roots and an intensification of its infrastructure-first strategy.
Regulatory clearance for the transaction has already come through: the Competition Commission of India (CCI) approved the acquisition of between 11 % and 20 % stake by Lence.
Market watchers say the deal underscores two broader trends: consolidation in the Indian agri-FMCG space, and global agribusiness players pushing deeper into large-scale Indian companies to gain scale and distribution reach. For Wilmar, the deal strengthens its footprint in India’s fast-moving consumer goods and edible oils market. For Adani, it frees up capital and organisational bandwidth for its infrastructure and energy ambitions.
With AWL Agri now under Wilmar’s majority control, attention will shift to how operations, brand strategy and growth trajectory evolve, particularly in the context of India’s dynamic edible-oil and food-processing landscape.
|
|
|
|
|
|
|
|
|
|