Emami Biotech Earned Vanaspati brand Rasoi 2014
Emami Biotech acquired the Vanaspati brand Rasoi on 25th September 2014 Emami Biotech is the Edible oil and biotech Diesel of the Emami group of companies.The deal worth around 20 crore rupees this was emami second acquisition in three months and with this deal emami enters in to the Vanaspati segment.
With a sales turnover of around 150 crore rupees, The production of
vanaspati contributes about 90% of Rasoi's portfolio, the rest being
other varieties of cooking oil such as mustard oil, soya refined oil and
palm oil
India produces around 10-12 lakh tonnes per annum of vanaspati, out of
which the premium branded vanaspati segment is about 4 lakh tonnes per
annum.
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