Zydus Wellness

Zydus Wellness (founded as Carnation Nutra-Analogue Foods) is an Indian consumer goods company headquartered in Ahmedabad. Pharmaceutical company Cadila Healthcare is a majority stakeholder in the company.[3][4]

Zydus Wellness
Public company
Traded asNSE: ZYDUSWELL
IndustryConsumer goods
Founded1994[1]
Headquarters,
Area served
Global
ParentCadila Healthcare
Websitezyduswellness.in

Zydus is a producer of nutrition and skincare products under brands such as EverYuth, Sugar Free, Nutralite and Actilife.[5] In 2019, Zydus acquired Kraft Heinz's subsidiary Heinz India for 4,595 crore (US$640 million), picking up the latter's consumer product brands including Complan, Glucon-D, Nycil and Sampriti Ghee.[6][7]

References

  1. "Zydus Wellness Ltd". Business Standard. Retrieved 24 April 2020.
  2. "India's beloved Complan, Glucon-D, and Nycil brands now have a fully Indian owner". Quartz. Retrieved 24 April 2020.
  3. "Cadila sets share swap ratio for consumer unit demerger". Reuters. Retrieved 24 April 2020.
  4. "Cadila buys stake in Carnation Foods". Business Standard. Retrieved 24 April 2020.
  5. "Zydus to buy iconic Heinz brands for ₹4,595 cr". The Hindu Business Line. Retrieved 24 April 2020.
  6. "Zydus Wellness completes acquisition of Heinz India". Economic Times. Retrieved 24 April 2020.
  7. "Riding on Heinz, Zydus Wellness eyes Rs 4,500-crore turnover in 5 years". Business Standard. Retrieved 24 April 2020.
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