M&A Deal Summary

Olam Agro India Acquires Vallabhdas Kanji - Spices & Private Label Assets & Businesses

On October 24, 2011, Olam Agro India acquired food company Vallabhdas Kanji - Spices & Private Label Assets & Businesses from VKL Seasonings Pvt. for 18M USD

Acquisition Highlights
  • This is Olam Agro India’s 1st transaction in the Food sector.
  • This is Olam Agro India’s largest (disclosed) transaction.
  • This is Olam Agro India’s 1st transaction in India.

M&A Deal Summary

Date 2011-10-24
Target Vallabhdas Kanji - Spices & Private Label Assets & Businesses
Sector Food
Buyer(s) Olam Agro India
Sellers(s) VKL Seasonings Pvt.
Deal Type Divestiture
Deal Value 18M USD

Target

Vallabhdas Kanji - Spices & Private Label Assets & Businesses

India
Vallabhdas Kanji - Spices & Private Label Assets & Businesses engages in the processing and distribution of spices.

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Buyer(S) 1

Buyer

Olam Agro India

Gurgaon, India

Category Company
Founded 1992
Sector Food
DESCRIPTION

Olam Agro India Ltd. sources, processes, packages, and distributes agricultural products and inputs.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

VKL Seasonings Pvt.

Kochi, India

Category Company
Founded 1996
Sector Food
DESCRIPTION

VKL Seasonings Pvt. Ltd. engages in the spice capital of the world, Kerala, is the flagship company of the Kanji Morarji Group. VSPL has mastered the ability to identify and lead taste trends, evolving as one of India's largest seasoning and flavor ingredients company. This lineage and rich spice heritage, combined with relentless innovation, has helped bring state-of-the-art integrated ingredient solutions to all segments of the Indian market. VSPL has helped craft industry-winning food products for top FMCG, QSR and Snack brands in India.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (India) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1