Spencer’s Retail, RPSanjiv Goenka Group’s retail flagship, has acquired Godrej Group’s premium food retailing venture Nature’s Basket for Rs 300 crore in an all-cash deal. This deal will enable it to access the western India market where it has no presence, making it a national player and strengthening its omnichannel capabilities.
Spencer’s Retail acquires Godrej Nature’s Basket in Rs 300 crore all-cash deal
Date posted: Monday 20 May 2019