Varun Beverages Board Approves ₹1122 Cr Twizza Acquisition; Shares Surge

• Varun Beverages' board approved acquiring 100% stake in South Africa's Twizza Proprietary Ltd for ₹1122.59 crore.
• The acquisition, through its subsidiary The Beverages Company, is expected to complete by June 30, 2026, pending regulatory approvals.
• Twizza, an alcoholic beverage manufacturer and distributor, has three backward-integrated manufacturing facilities in South Africa.
• The deal strengthens Varun Beverages' presence in South Africa; Twizza's FY25 turnover was ₹901.9 crore.
• Varun Beverages shares surged 3.43% to ₹485.70 on BSE following the announcement, with analysts largely recommending 'buy'.

Why It Matters: Varun Beverages' strategic ₹1122 Cr Twizza acquisition boosts South African presence and share value.