Varun Beverages Acquires South Africa's Twizza for ₹1118 Crore, Boosts Africa Presence

• Varun Beverages Ltd. (VBL) will acquire 100% of South Africa's Twizza Proprietary Ltd. for approximately ₹1,118.7 crore (ZAR 2,095 million).
• The acquisition, through VBL's subsidiary The Beverages Company Proprietary Ltd. (BevCo), is subject to regulatory approvals from South Africa, Botswana, and Eswatini, expected by June 30, 2026.
• Twizza, a non-alcoholic beverage manufacturer with its own brands, has three backward-integrated plants in South Africa (Cape Town, Queenstown, Middelburg).
• This strategic move strengthens VBL's international expansion, providing local brands, manufacturing, and distribution networks in the African market.
• Twizza reported a turnover of ₹901.9 crore and 71 million cases sales volume in FY25, indicating a strong market presence.

Why It Matters: Varun Beverages' ₹1118 crore acquisition of Twizza significantly expands its African market footprint.