Corporations Eye Acquisition of Indian Dairy Processor Kwality Limited, an Industrial Info Market Brief

Following its insolvency filing, India's dairy giant, Kwality Limited, has acknowledged acquisition proposals from tactical and financial investors, according to news reports. Institutions like TPG Capital, Aion affiliate Arcion Revitalisation, IndiaRF (a joint venture between Piramal Enterprises and Bain Capital Credit) and key players like Haldiram Snacks and JK Group's LVP Foods, are among those that have shown interest in acquiring Kwality's processing units with a total milk production capacity of 3 million liters per day. Industrial Info is tracking more than $789 million in dairy-related projects in India. Click here to view the projects.