FMCG sector projects by Varun Beverages Limited in
Project Information
5925
Varun Beverages Limited
Varun Beverages Limited (VBL), which holds bottling and distribution franchise rights from Pepsico, is planning to invest around $300 million towards expanding its organic and inorganic growth opportunities, over the next 12 months. To support the investment the company is planning to raise $85 million equity from International Finance Corporation (IFC) and from other investors. Besides the company is planning to list in the coming months.
The company has lined up around $300 million investment plan in India, Nepal, Sri Lanka, Morocco, Zambia and Mozambique and towards funding organic and inorganic growth opportunities, over next one year, according to project disclosure with IFC.
Project Value
Refer document
Fund Mobilization Stage
Multi State
India
FMCG
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