SOUTHERN INDIA FOOD MAJOR CONFIRMS GERMAN YOGHURT JOINT VENTURE PLAN
April 1st, 2017
Hyderabad-based Heritage Foods plans to launch a German yogurt brand in India, the company has confirmed to just-food. “[Joint venture] negotiations are in an advance stage and [the formal] announcement will happen after one or one and a half months,” said a company spokesperson. While the spokesperson refused the name the joint-venture company, he said: “It is the largest yoghurt player in Germany.” Heritage Foods would inform the Bombay Stock Exchange before making the news public, as per listing regulations, said the spokesperson, who added there was ...
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