Heritage Foods has acquired a controlling 51% shareholding in the company through secondary buyouts from existing investors. The remaining 49% shareholding will continue to be held by the original promoters. The deal also provides Heritage Foods the option to purchase an additional 20% stake from the promoters by March 2026 at an appropriate valuation.

The strategic investment marks an important milestone in Heritage Foods’ Vision 2030 roadmap of expanding its presence in the fast-growing ice cream and healthy dessert categories. It gives the company a strong foothold in the super-premium, functional, and indulgence-balanced segment—anchored on high-protein, no-added-sugar, and health-focused product innovation. This move underscores Heritage Foods’ commitment to driving the next phase of value creation through nutrition-forward innovation and responding to India’s evolving preference for mindful yet indulgent desserts. While Heritage Foods will provide strategic guidance and retain controlling stake, operational management will continue with the promoters, who will accelerate growth and strengthen brand equity while staying true to the company’s core purpose and consumers.

Commenting on the acquisition, Brahmani Nara, Executive Director, Heritage Foods Limited, said, “The acquisition of Get-A-Way is well aligned with our Vision 2030 of becoming the most admired dairy nutrition company. This partnership brings together our three decades of dairy expertise and manufacturing excellence with Get-A-Way’s innovative product portfolio and strong Gen-Z consumer connect. Get-A-Way’s focus on protein, no-added-sugar, and health-forward offerings strengthens our commitment to delivering nutritious dairy solutions that resonate with evolving lifestyles, while leveraging Heritage Foods’ core expertise to accelerate the brand’s next phase of growth.”

Founded in 2018 and incorporated in 2022, Get-A-Way has quickly emerged as a trailblazer in the health-focused dessert category, offering indulgent yet nutritious ice creams and desserts formulated with whey protein and sweetened with natural sugar alternatives. The brand’s mission—to make guilt-free indulgence accessible without compromising on taste—has resonated with a new generation of health-conscious consumers across India.

Jash Shah, Co-Founder and CEO, Get-A-Way, said, “Joining the Heritage Foods family is a transformative milestone for us. With Heritage Foods’ manufacturing scale, distribution strength, and strategic guidance, we are poised to expand our footprint across India while maintaining the innovation and quality that define our brand. Together, we aim to make guilt-free indulgence a part of everyday life for millions of consumers.”

Get-A-Way, an EBITDA neutral brand, has demonstrated exceptional growth, crossing double-digit revenues in FY25 with projections to double its topline in FY26. Serving over 8,000 orders daily across 35+ cities through quick-commerce, food delivery platforms, as well as 5 offline parlours

The acquisition strengthens Heritage Foods’ position in the rapidly expanding super-premium and healthy dessert categories, capturing high-traction demand for high-protein, no-added-sugar, and nutrient-rich offerings. It combines the brand’s dairy expertise with a new-age brand’s innovation and agility, positioning the company at the intersection of taste, health, and conscious indulgence.

The post Heritage Foods acquires majority stake in Get-A-Way, strengthening presence in the health-focused dessert segment appeared first on Business of Food.

With 34,500 women farmers contributing 37% of the total milk volume at Heritage Foods’ High Procurement Centers (HPCs) and 23% of 3,700 HPCs led by women, the company is fostering gender-inclusive economic growth while strengthening rural communities.

Women-Centric Initiatives by Heritage Foods:

• Rs. 23 crore in financial inclusion loans extended to 3,000 women farmers, enabling them to expand livestock and increase productivity.
• Structured capacity-building and leadership programs to equip women with essential business and technical skills.
• Encouraging women-led leadership by appointing them as Heritage Procurement Representatives (HPRs), ensuring greater decision-making power in dairy procurement.
• Over 100+ “Happiness Points” and franchisee-run delivery networks led by women entrepreneurs ensure that fresh dairy products reach consumers’ doorsteps in a timely manner.

On the occasion of Women’s Day, Heritage Foods felicitated more than 900 women farmers and entrepreneurs for their excellence and contribution to the dairy sector.

Brahmani Nara, Executive Director, Heritage Foods Ltd., stated, “Women are the backbone of India’s dairy sector, shaping its future with resilience and innovation. At Heritage Foods, we don’t just support women—we empower them to lead. By enabling financial independence, skill development, and leadership, we are driving lasting change. When women succeed, families prosper, communities grow, and the nation thrives.”

Heritage Foods continues to enhance women’s participation in dairy farming through proactive initiatives that drive long-term impact. By organizing village-level meetings, the company encourages more women to take on leadership roles within the sector. Continuous training and mentorship programs equip women with the skills needed to build and sustain successful dairy enterprises, while structured market linkages enable them to maximize their earnings and business potential. Through these efforts, Heritage Foods is fostering a more equitable, self-reliant, and resilient rural economy.

With a steadfast focus on gender inclusion, Heritage Foods is empowering women in agriculture, reinforcing their role as key drivers of India’s dairy industry, and paving the way for a more equitable and prosperous future.

The post Heritage Foods Ltd. celebrates 58,808 women farmers and 860 women franchisees appeared first on Business of Food.

Key Operational Highlights:

• Milk Sales: Volumes increased by 5.11% YoY to 1.19 million liters per day (MLPD). However, revenue growth in the milk segment was slightly lower, with average selling prices at Rs. 54.59/Lt, down 0.31% YoY.
• Value-Added Products (VAP): The VAP segment continued its upward trajectory, growing 15.5% to Rs. 2,977 million in revenue, contributing 29.6% of total revenue, up from 26.8% in Q2 FY24. Including consumer packs of ghee and butter, VAP revenue reached Rs. 3,506 million, a 19.2% YoY growth, contributing 34.8% to overall revenues.
• Milk Procurement: Average procurement rose by 11.46% YoY to 1.64 MLPD, while procurement prices dropped by Rs. 2.94/Lt (6.81% YoY).
• Promotional Campaigns: The company launched consumer-focused campaigns ahead of the festive season, including a paneer TV ad and a ‘scan and win’ promotion for ghee and sweets, driving further growth in VAP.

Heritage Nutrivet Limited, a wholly owned subsidiary, posted 18% YoY revenue growth to Rs. 855.37 million and a 117% rise in profit after tax (PAT) to Rs. 42.94 million.

Brahmani Nara, Executive Director of Heritage Foods, attributed the strong performance to strategic initiatives such as expanding geographical presence, enhancing supply chain networks, increasing marketing efforts, and focusing on VAP. She emphasized the company’s ability to overcome external challenges, including adverse weather conditions, without impacting performance.

With targeted marketing campaigns and innovative product offerings, Heritage Foods is well-positioned for continued growth in upcoming quarters.

The post Heritage Foods Reports Strong Q2-FY25 Growth, Surpasses ₹10,000 Million in Revenues for Second Time This Year appeared first on Business of Food.