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Foods & Inns Limited makes controlling investment in Kusum Spices

Mumbai – CFI India is pleased to announce that they acted as financial advisor to Kusum Spices when Foods & Inns Limited maked controlling investment in Kusum Spices.

Foods & Inn is a listed company on Bombay Stock Exchange (BSE) and is in the business of manufacturing mango and guava Pulp. It has a sales turnover of Rs 340 crore for 31st March 2019. Out of which exports comprises 65% and 35% in the domestic market. Most of the customers are Fortune 500 companies including Coca Cola Corporation and PepsiCo.

Kusum Spices is manufacturer and exporter of « Kusum » brand of spices offering more than 70 products under Ground, whole and blended spices. Over decades, Kusum Spices has become a trusted household commodity not only in India but abroad as well in countries like USA, UK, Oman, UAE, etc.

Food

Investment in

by

Advised by:

Nirav Shah

Raj Shroff

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