The Beverage Company Proprietary Limited, subsidiary of our Company in South Africa, has acquired 100% Share Capital of Twizza Proprietary Limited.
VBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Varun Beverages Limited (VBL) has completed the acquisition of 100% share capital of Twizza Proprietary Limited, a South African company, through its subsidiary The Beverage Company Proprietary Limited. The deal was closed at an enterprise value of ZAR 2,053 million (approximately INR 1,139.8 crore) at an exchange rate of 1 ZAR = 5.55 INR. Twizza has now become a step-down subsidiary of VBL with effect from March 18, 2026. This is an update to VBL's earlier intimation dated December 21, 2025, when the acquisition was first announced.
This acquisition expands VBL's footprint in South Africa and strengthens its presence in the African beverage market. The deal size of around ₹1,140 crore is material and may have a short-term impact on cash flows, but is expected to contribute to long-term revenue growth through market expansion.