Nestle’s parent invests in Pet Food brand

The parent of Nestle India, Nestle SA has acquired a minority stake in Indian pet food brand ‘Drools‘. Founded in 2010, Drools distributes its products across over 40,000 retail outlets and exports to 22 countries. It operates six manufacturing units and has a warehousing footprint of 1.6 million sq. ft. Drools had raised $60 mn … Read more

Godrej Consumer to enter into the Pet Care business

Godrej Consumer (GCPL) has announced that it will enter the pet care business in the country through Godrej Pet Care (GPCL), a subsidiary of the company. GCPL will invest Rs 500 crore in this business over a period of five years Godrej Agrovet (GAL) will be the manufacturing and R&D partner Manufacturing is expected to … Read more