DSM Fresh Foods Acquires Majority Stake in Avyom Foodtech, Entering Ready-to-Eat Market
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DSM Fresh Foods Acquires Majority Stake in Avyom Foodtech, Entering Ready-to-Eat Market

DSM Fresh Foods, a technology-enabled fresh foods platform, announced its board approved the acquisition of a 51% stake in Avyom Foodtech Private Limited (AFPL). This move marks DSM Fresh Foods' entry into the ready-to-eat and ready-to-cook segments, aiming to expand into export markets. AFPL, which has achieved peak annual revenues of approximately ₹16 crore, brings an operational food processing facility, land, and machinery. The acquisition is funded through a phased deployment of funds.

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