+
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
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?