Valencia Nutrition Limited made a strategic move by acquiring a 50% stake in Suryavathi Beverages, a partnership firm based in Hyderabad. The acquisition was formalized with a cash consideration of ₹50 lakh. This marks Valencia’s entry into the highly dynamic beverage industry, focusing on manufacturing and trading carbonated soft drinks and fruit-based beverages.
Suryavathi Beverages, incorporated on October 8, 2020, has shown varied turnover trends in recent years, reporting ₹1.07 crore in FY 2021-22, ₹60.49 lakh in FY 2022-23, and no revenue in FY 2023-24. Despite its fluctuating performance, the firm’s established production capabilities and distribution network provide a strong foundation for growth.
Valencia Nutrition, known for its focus on health and wellness products, sees this acquisition as a pivotal step in diversifying its portfolio and leveraging Suryavathi Beverages’ presence in the beverage sector. According to Valencia’s Whole-Time Director and CFO, Jay Shah, this partnership aligns with the company’s long-term growth strategy to tap into rapidly growing markets.
