Mumbai, Feb 10 (UNI) Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, officially announced here on Tuesday that it has acquired Southern Health Foods, a leading health foods maker from Tamil Nadu, for an undisclosed amount.
Southern Health Foods owns the brand Manna, and it has been manufacturing a wide range of healthy foods for more than two decades.
“The addition of Manna adds further strength to RCPL’s foods and staples portfolio that includes brands like Udhaiyam, Independence and SiL, through building a strong business vertical in the growing millet-based foods segment,” the company said in its official statement.
Southern Health Foods is a player in several health-focused food categories such as packaged healthy foods, including millets, oats, multigrain products, health mixes, breakfast cereals and dry fruits, among others. Its flagship brand, Manna, is widely known for its healthy offerings in many emerging packaged foods categories such as millet flour, baby foods and multigrain drink mix.
RCPL Director T Krishnakumar said, “Manna is one of the most trusted names in the health-focused foods market in Tamil Nadu, with a noticeable presence in the adjoining states. It is known for healthy offerings such as millet-based staples and mixes, drinks and baby food”.
“Apart from adding muscle to RCPL’s packaged foods portfolio, Manna’s addition will help us serve consumers the best nutritious foods. With our strong distribution, R&D and supply chain capabilities, Manna would be made available in other geographies, eventually making it a household name across the country. The long-term vision, according to Reliance, is to transform Manna into a household name across India, aligning with Reliance’s core philosophy of providing “global quality at affordable prices”.
The latest acquisition is part of a broader expansion by RCPL into the FMCG space. Just days prior, the company acquired a majority stake in Australia’s Goodness Group Global, a “better-for-you” beverage business, indicating Reliance’s intent to become a global FMCG player.
