Future Consumer to form 50:50 JV with UAE-based Bin Ablan Food

Date posted: Wednesday 16 August 2017

Future Consumer will form a 50:50 joint venture with Bin Ablan Food Industry, a UAE-based bakery products maker for manufacturing and sell its range of premium bakery products as cupcakes, pound cakes, muffins etc. The board also approved an equal joint venture with EK Sons Agro Food, manufacture of wheat and other speciality foods in India and abroad under their flagship brand Dilkush. The Kishore Biyani-led group would sell wheat products, maida, Sooji, whole wheat atta and bran etc through the JV.

(Money Control)