A new investment by Arogya Milk Company..!?

Hatson Agro Company, a leading dairy product manufacturing and marketing company in tamil Nadu, has acquired a dairy manufacturing company called Milk Mandira. It has been reported that this sale will be made at a valuation of 233 crores. Hatson Agro Company is the parent company of the brands Arun Ice Cream, Arogya, Hatson, and Ibaco. In an announcement issued by Hatson Agro, it has been said that we are going to acquire Milk Mandira Dairy Company for 233 crores, through which we will come into possession of the entire shares of this company. The statement also stated that Milk Mandira Company will henceforth operate as a subsidiary of Hatson Agro Company.
Milk Mandira has a significant customer base in odisha and eastern indian states. The company sells milk and milk products under the brand Milky Moo. Hatson already sells milk, yogurt, ice cream, and other products under the brands Hatson, Arogya, Ipeco, and Arun Ice Cream.Hatson has acquired Milk Mandira as part of its plan to expand its business in the eastern states. Milk Mandira earned a revenue of Rs 276 crore in the financial year 2024. Of this, Rs 9 crore is a net profit. Milk Mandira, which was operating at a loss of Rs 12 crore in 2023, has become a company operating at a profit of about Rs 9 crore the next year.

Recently, the odisha state government announced that 200 ml of milk would be provided to school students every day. Milk Mandira itself had won the contract for this. Hudson acquired it because it is a profitable and growing company in the future. It is estimated that Hatson will make a huge profit from this acquisition. india is the largest milk producer in the world. 23 percent of the milk produced globally is produced in India. There is always a demand in india for milk products like yogurt, paneer, ice cream, etc., not just milk.
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Sowmiya Sriram

22/01/2025 06:17 PM