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		<title>Godrej Agrovet acquires full stake in Creamline Dairy for Rs. 930 Crore</title>
		<link>https://www.businessoffood.in/godrej-agrovet-acquires-full-stake-in-creamline-dairy-for-rs-930-crore/</link>
		
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					<description><![CDATA[<p>In a significant move to expand its presence in the dairy sector, Godrej Agrovet Ltd. has acquired the remaining 48.06% stake in Creamline Dairy Products Limited for Rs. 930 crore, making it a wholly-owned subsidiary of the company. Headquartered in Hyderabad, Creamline Dairy is well known for its ‘Godrej Jersey’ brand and has a strong [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/godrej-agrovet-acquires-full-stake-in-creamline-dairy-for-rs-930-crore/">Godrej Agrovet acquires full stake in Creamline Dairy for Rs. 930 Crore</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
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<p>In a significant move to expand its presence in the dairy sector, Godrej Agrovet Ltd. has acquired the remaining 48.06% stake in <strong>Creamline Dairy Products Limited</strong> for Rs. 930 crore, making it a wholly-owned subsidiary of the company.</p>



<p>Headquartered in Hyderabad, Creamline Dairy is well known for its ‘Godrej Jersey’ brand and has a strong market presence across South India. The company reported a turnover of Rs. 1,540 crore for the financial year 2023-24, highlighting its robust position in the dairy industry.</p>



<p>Godrej Agrovet’s association with Creamline Dairy dates back to 2005, when it initially acquired a 26% stake, later increasing it to 51% in 2015. With this latest acquisition, Godrej aims to strengthen its dairy portfolio and expand its footprint in value-added dairy products.</p>



<p><strong>Balram Singh Yadav, </strong><em>Managing Director of Godrej Agrovet,</em> stated, “This acquisition is a strategic move to consolidate our position in the dairy industry. Creamline Dairy’s strong distribution network and brand equity will help us expand our value-added dairy segment.”</p>



<p>With full ownership, the company plans to invest in innovation, product diversification, and supply chain enhancements. The focus will be on high-margin products such as flavoured milk, yogurt, and dairy-based beverages to drive profitability.<br><br><br><br><br><br></p>
<p>The post <a href="https://www.businessoffood.in/godrej-agrovet-acquires-full-stake-in-creamline-dairy-for-rs-930-crore/">Godrej Agrovet acquires full stake in Creamline Dairy for Rs. 930 Crore</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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