Latest news with #Dodla
Time of India
2 days ago
- Business
- Time of India
Dodla Dairy acquires Eastern India's Osam Dairy for Rs 271 crore
New Delhi: Dodla Dairy has acquired a 100 per cent stake in Osam Dairy for Rs 271 crore, the company said in a press release on Friday. The deal brings together Dodla's scale and operational footprint with Osam's regional presence in Eastern India. The acquisition is seen as a step toward Dodla's pan-India expansion strategy and underscores growing investor interest in Eastern India's dairy market. Promoters Abhinav Shah and Harsh Thakkar, along with private equity investors, have exited as part of the transaction. 'We see tremendous synergies with Osam, which, when combined with Dodla's strong operational experience, will enable us to take this to the next level,' said Dodla Sunil Reddy , Managing Director, Dodla Dairy. InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders.
The Print
3 days ago
- Business
- The Print
Dodla Dairy acquires eastern India's Osam Dairy for Rs 271 cr
'This acquisition marks a significant milestone in Dodla's journey towards becoming a pan-India dairy company. Eastern India offers faster growth potential than the national average with a large consumer base and increasing urbanisation,' said Dodla Dairy managing director Sunil Reddy. This strategic transaction combines Osam's strong regional presence with Dodla's scale and operational expertise to drive growth in the eastern markets, a statement said. Kolkata, Jul 18 (PTI) South India-based Dodla Dairy Ltd on Friday announced the 100 per cent acquisition of Osam Dairy, a premium sectoral brand in the eastern states, for a consideration of Rs 271 crore. Founded in 2012, Osam Dairy operates in Bihar, Jharkhand, and other eastern states with a fully integrated supply chain, sourcing milk from over 25,000 farmers through 1,000 collection centres and 19 chilling facilities. It processes around 1.1 lakh litres of milk daily across two plants. Outgoing Osam CEO and promoter Abhinav Shah said the deal will accelerate the company's next phase of growth by leveraging Dodla's scale and operational strength. InCred Capital acted as the financial advisor to Osam and its shareholders for this transaction. 'This deal marks a landmark moment for Osam, which has carved a distinct position in eastern India's competitive dairy sector,' said Ashish Ambwani, Managing Director, InCred Capital. PTI BSM BDC This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
News18
3 days ago
- Business
- News18
Dodla Dairy acquires eastern Indias Osam Dairy for Rs 271 cr
Agency: Kolkata, Jul 18 (PTI) South India-based Dodla Dairy Ltd on Friday announced the 100 per cent acquisition of Osam Dairy, a premium sectoral brand in the eastern states, for a consideration of Rs 271 crore. This strategic transaction combines Osam's strong regional presence with Dodla's scale and operational expertise to drive growth in the eastern markets, a statement said. 'This acquisition marks a significant milestone in Dodla's journey towards becoming a pan-India dairy company. Eastern India offers faster growth potential than the national average with a large consumer base and increasing urbanisation," said Dodla Dairy managing director Sunil Reddy. Founded in 2012, Osam Dairy operates in Bihar, Jharkhand, and other eastern states with a fully integrated supply chain, sourcing milk from over 25,000 farmers through 1,000 collection centres and 19 chilling facilities. It processes around 1.1 lakh litres of milk daily across two plants. Outgoing Osam CEO and promoter Abhinav Shah said the deal will accelerate the company's next phase of growth by leveraging Dodla's scale and operational strength. 'This deal marks a landmark moment for Osam, which has carved a distinct position in eastern India's competitive dairy sector," said Ashish Ambwani, Managing Director, InCred Capital. PTI BSM BDC view comments First Published: July 18, 2025, 16:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
