Reliance Consumer Products acquires Tamil Nadu's Southern Health Foods (Manna)
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Reliance Consumer Products (RCPL), the FMCG arm of Reliance Industries, has acquired Southern Health Foods, the Tamil Nadu-based maker of the Manna brand. Manna has over two decades of presence in millets, oats, multi-grain products, health mixes, baby food and breakfast cereals. The deal adds to RCPL's existing foods portfolio of Udhaiyam, Independence and SiL, strengthening its position in the fast-growing millet and health foods segment. RCPL plans to expand Manna nationally using its distribution, R&D and supply chain capabilities. Deal value was not disclosed.
Strengthens Reliance's FMCG and health foods portfolio; supports growth in the fast-growing millet-based and health food segment.