+
Reliance Consumer Products Acquires Majority Stake In Goodness Group
ECONOMY & POLICY

Reliance Consumer Products Acquires Majority Stake In Goodness Group

Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries Limited (RIL), has acquired a majority stake in Australia’s Goodness Group Global Pty. Ltd. (GGG) in a deal that marks RCPL's formal entry into the Australian consumer goods market. The strategic investment will enable RCPL to promote GGG's flagship healthy beverage brands including Nexba and PACE across newer markets including India. RCPL described the transaction as aligned with its stated objective of delivering global quality at affordable prices and of building a health-based beverages portfolio.

RCPL will leverage its supply chain and distribution capabilities to expand availability of the acquired brands and to support GGG's ambition of reaching up to 50 western markets over the next five years. The company has already forayed into markets such as the UAE, Qatar, Oman, Bahrain, Nepal and Sri Lanka and maintains a portfolio of healthy beverages that includes RasKik and Sun Crush juices, zero-sugar carbonated soft drinks and the herbal-natural brand Shunya. The partnership further cements RCPL's position as an emerging global FMCG player from India and is intended to create greater accessibility of Better-For-You products.

Goodness Group Global is headquartered in Sydney and is known for its focus on Better-For-You products, with Nexba positioned as a gut-health beverage made using a proprietary all-natural, plant-based zero-calorie sweetener called Goodsweet. GGG's other offerings include BISON, a light protein-based beverage, and GOOD BREKKIE, a liquid breakfast option, while PACE is described as a hydration brand co-created with Australian cricket captain Pat Cummins. The acquisition is expected to strengthen RCPL's health-focused offerings and to accelerate international distribution of GGG brands.

Company representatives indicated that the partnership will provide opportunities for scale, innovation and market expansion while combining RCPL's distribution strength with GGG's product innovation. RCPL's backing by RIL is expected to provide infrastructural support and resources as the combined businesses pursue growth across multiple markets. Media contacts have been provided for further enquiries.

Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries Limited (RIL), has acquired a majority stake in Australia’s Goodness Group Global Pty. Ltd. (GGG) in a deal that marks RCPL's formal entry into the Australian consumer goods market. The strategic investment will enable RCPL to promote GGG's flagship healthy beverage brands including Nexba and PACE across newer markets including India. RCPL described the transaction as aligned with its stated objective of delivering global quality at affordable prices and of building a health-based beverages portfolio. RCPL will leverage its supply chain and distribution capabilities to expand availability of the acquired brands and to support GGG's ambition of reaching up to 50 western markets over the next five years. The company has already forayed into markets such as the UAE, Qatar, Oman, Bahrain, Nepal and Sri Lanka and maintains a portfolio of healthy beverages that includes RasKik and Sun Crush juices, zero-sugar carbonated soft drinks and the herbal-natural brand Shunya. The partnership further cements RCPL's position as an emerging global FMCG player from India and is intended to create greater accessibility of Better-For-You products. Goodness Group Global is headquartered in Sydney and is known for its focus on Better-For-You products, with Nexba positioned as a gut-health beverage made using a proprietary all-natural, plant-based zero-calorie sweetener called Goodsweet. GGG's other offerings include BISON, a light protein-based beverage, and GOOD BREKKIE, a liquid breakfast option, while PACE is described as a hydration brand co-created with Australian cricket captain Pat Cummins. The acquisition is expected to strengthen RCPL's health-focused offerings and to accelerate international distribution of GGG brands. Company representatives indicated that the partnership will provide opportunities for scale, innovation and market expansion while combining RCPL's distribution strength with GGG's product innovation. RCPL's backing by RIL is expected to provide infrastructural support and resources as the combined businesses pursue growth across multiple markets. Media contacts have been provided for further enquiries.

Next Story
Building Material

NITI Aayog Unveils Cement Decarbonisation Roadmap

NITI Aayog has released a sector-specific decarbonisation roadmap for cement as part of three green transition reports covering cement, aluminium and MSMEs. The report projects cement production rising to around 2,100 million tonnes by 2070 from 391 million tonnes in 2023, while targeting a reduction in carbon intensity to 0.09–0.13 tCO₂e per tonne. It recommends clinker substitution, refuse-derived fuels, CCUS adoption and carbon trading mechanisms to enable deep decarbonisation. ..

Next Story
Technology

Genesys Launches Advanced GeoRadar System

Genesys International Corporation has launched an advanced Ground Penetrating Radar (GPR) solution from IDS GeoRadar for underground utility mapping in India. The system uses patented Equalised Scrambling Technology (EST) and Wide/Multi-Array Antenna Technology to deliver high-resolution three-dimensional imaging of subsurface infrastructure. The technology enables the detection and mapping of buried assets such as water pipelines, sewer networks, telecom cables and power lines. By providing detailed subsurface insights, the system aims to help urban authorities and infrastructure developers ..

Next Story
Infrastructure Urban

Hindustan Zinc Partners Virginia Tech to Boost Silver Recovery

Hindustan Zinc Limited recently signed a Memorandum of Understanding (MoU) with Virginia Tech to advance research aimed at improving silver recovery across its lead–zinc (Pb–Zn) concentrators. The collaboration will focus on refining flotation techniques and optimising reagent usage to improve concentrate quality and operational efficiency at processing plants.Virginia Tech, based in Blacksburg, Virginia, is globally recognised for its expertise in mining engineering, mineral processing and applied metallurgical research. Through this partnership, Hindustan Zinc will leverage global resear..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App