L Catterton India Invests in Haldiram's, Fuels Global Expansion

• L Catterton India, led by ex-HUL MD Sanjiv Mehta, has made a strategic investment in Haldiram's.
• The deal size and valuation were not disclosed, but sources indicate a minority stake acquisition.
• L Catterton becomes the fourth external investor in Haldiram's, joining Temasek, Alpha Wave Global, and IHC.
• Previous investments valued Haldiram's at approximately Rs 89,000 crore ($10 billion) for a 9% stake.
• The partnership aims to strengthen Haldiram's market leadership and accelerate its international expansion.

Why It Matters: L Catterton's investment in Haldiram's aims to boost its market leadership and global reach.