L Catterton Gets CCI Nod to Acquire Stake in Haldiram Snacks Food

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News18•03-02-2026, 20:15
L Catterton Gets CCI Nod to Acquire Stake in Haldiram Snacks Food
- •Global investment firm L Catterton has received approval from the Competition Commission of India (CCI) to acquire a stake in Haldiram Snacks Food Pvt Ltd.
- •The acquisition involves L Catterton India Fund, a SEBI-registered alternative investment fund, purchasing certain shareholding in Haldiram Snacks Food.
- •Haldiram Snacks Food manufactures and sells a wide range of packaged food products, including snacks, sweets, ready-to-eat items, and beverages.
- •L Catterton previously announced a strategic partnership with Haldiram in December 2025, acquiring a stake in the brand.
- •The firm has significant experience in building packaged food brands globally and is led in India by former HUL CEO Sanjiv Mehta.
Why It Matters: CCI clears L Catterton's acquisition of a stake in Haldiram Snacks Food, boosting the packaged food sector.
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