Indiatimes

Mother's Recipe acquires Elmac Agro for Rs 30 crore

Mother's Recipe, the iconic packaged food brand from Desai Brothers, has acquired Kolkata's Elmac Agro Manufacturing (Elmac) for around Rs 30 crore. In the new setup, the existing management will ...
The Asian Age

Mother’s recipe acquires Elmac as part of expansion strategy

DBL food division V-P (commercial) Balraj Dubey (from left), with executive director Sanjay Desai, head of business development Sanjana Desai and V-P (sales and marketing) Rajan Mathews, at an ...
retail.economictimes.indiatimes

Mother's Recipe acquires Elmac Agro Manufacturing

Mother’s Recipe, a part of Desai Brothers, has acquired Kolkata based Elmac Agro Manufacturing for Rs 30 cr or 1.9 times sales accruals. Sanjay Desai, executive director, Desai Brothers, said, “The ...
VCCircle

Mother’s Recipe buys Elmac Agro Manufacturing for $3.8M

Pune-based packaged foods brand Mother's Recipe has acquired Kolkata-based ELMAC (Elmac Agro Manufacturing) for Rs 25 crore as part of its expansion strategy. This alliance, valued at 1.9 times the ...
Business Line

Mother’s Recipe acquires Elmac Agro for Rs 30 cr

Mother’s Recipe (MR) a Pune-based maker of a range of pickles, condiments and ready to eat/cook products has acquired Kolkata based brand Elmac Agro Manufacturing Ltd in a transaction valued at Rs 30 ...