Blackstone in Talks to Buy Majority Stake in Haldiram's
ECONOMY & POLICY

Blackstone in Talks to Buy Majority Stake in Haldiram's

Blackstone Inc., a global investment firm, is currently in advanced discussions to acquire a controlling stake in Haldiram's, one of India's leading snack and sweets manufacturers. This potential acquisition underscores Blackstone's interest in expanding its footprint in India's rapidly growing consumer goods sector, particularly in the thriving snack foods market.

Haldiram's, known for its wide range of traditional Indian snacks and sweets, has established a strong presence both domestically and internationally. The acquisition would provide Blackstone with significant market access and brand equity in the Indian food industry, aligning with its strategy to invest in businesses with robust growth potential and strong market positions.

If the deal proceeds, it would mark a significant development in the Indian consumer goods landscape, highlighting continued investor confidence and appetite for strategic investments in the country's vibrant consumer market. The transaction is expected to bolster Haldiram's expansion plans and enhance its capabilities to capitalise on emerging opportunities in the food and beverage sector.

Blackstone's potential investment in Haldiram's reflects its confidence in the company's management, product portfolio, and growth trajectory. The acquisition discussions are indicative of Blackstone's proactive approach to identifying and pursuing investment opportunities that offer substantial value creation and market leadership in key sectors like food and consumer goods.

Blackstone Inc., a global investment firm, is currently in advanced discussions to acquire a controlling stake in Haldiram's, one of India's leading snack and sweets manufacturers. This potential acquisition underscores Blackstone's interest in expanding its footprint in India's rapidly growing consumer goods sector, particularly in the thriving snack foods market. Haldiram's, known for its wide range of traditional Indian snacks and sweets, has established a strong presence both domestically and internationally. The acquisition would provide Blackstone with significant market access and brand equity in the Indian food industry, aligning with its strategy to invest in businesses with robust growth potential and strong market positions. If the deal proceeds, it would mark a significant development in the Indian consumer goods landscape, highlighting continued investor confidence and appetite for strategic investments in the country's vibrant consumer market. The transaction is expected to bolster Haldiram's expansion plans and enhance its capabilities to capitalise on emerging opportunities in the food and beverage sector. Blackstone's potential investment in Haldiram's reflects its confidence in the company's management, product portfolio, and growth trajectory. The acquisition discussions are indicative of Blackstone's proactive approach to identifying and pursuing investment opportunities that offer substantial value creation and market leadership in key sectors like food and consumer goods.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?