fresh fusion

Shree Renuka Sugars acquires Eqiupav Group in Brazil

belagavi

Belgaum based Shree Renuka Sugars is on a acquiring spree and today have finalized on a major second acquisition in Brazil of Eqiupav.

The deal is of the size of Rs.1500 crores and will be funded by internal accruals, warrants and debt.

Bella Vista Belagavi

It Outbid Hong Kong based Noble group in the deal.

Shree Renuka Sugars is a Belgaum based company with Murkumbi as its promoters with its registered office at Camp.
Source: Bloomberg

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5 COMMENTS

  1. Abhinandan hai madam, ki renuka sugars jis level pe pahnuchi hai, use dekh ke muze garva mahesus hota hai. chunki, mai ek apaka company ka karmachari rah chuka hun.

    dayanand bandagar

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