Britannia signs MoU with Greece’s Chipita for joint venture in India

Posted on:23 Feb 2017 09:47:28
Britannia signs MoU with Greece’s Chipita for joint venture in India
23 February 2017 Current Affairs: Bangalore based  Indian food-products corporation Britannia has signed an MoU with Greece’s cakes and confectionery major Chipita for exploring certain business opportunities on February 22, 2017.

ii. This is the first joint venture after Britania’s tie-up with New Zealand’s Fonterra Dairy and and dairy giant Groupe Danone SA dissolved in 2009

Chipita: Chipita S.A. is a food company in Greece. It operates in 66 countries. It is already operating in India.

Chipita’s brands include 7Days, Molto, Fineti and Chipicao, spanning categories such as croissants, cakes, biscuits, jams and confectionery.

 

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