Wilmar Worldwide is to amass a little bit of the shares held in India enterprise Adani Wilmar from its confederate Adani Enterprises, which is leaving the alliance.
Singapore-based agri-food group Wilmar Worldwide is to pay spherical Rs126.91bn ($1.48bn) for merely over 31% of Adani Wilmar.
Adani Enterprises may divest its remaining 13% of Adani Wilmar to regulate to minimal public shareholding requirements.
The Adani Wilmar enterprise will change right into a subsidiary of Wilmar, which acknowledged it “will uncover options to herald strategic patrons”.
Established in 1999, the Adani Wilmar partnership is headquartered in Ahmedabad, India.
The JV, which markets producers along with Fortune and Kohinoor, operates 24 factories in 15 cities.
Entry most likely probably the most full Agency Profiles
within the market, powered by GlobalData. Save hours of study. Purchase aggressive edge.
Agency Profile – free
sample
Your get hold of piece of email will arrive shortly
We’re assured in regards to the
distinctive
top quality of our Agency Profiles. Nonetheless, we want you to make the most of
useful
decision on your small enterprise, so we offer a free sample which you may get hold of by
submitting the beneath sort
By GlobalData
Adani Wilmar “holds a dominant place” inside the Indian FMCG market, offering a wide range of merchandise, along with oil, rice and flour, Wilmar acknowledged.
The company added the JV is “well-positioned to grab a substantial” share of India’s rural market.
As of 27 December 2024, Adani Wilmar had a market capitalisation of Rs427.85bn.
Throughout the second quarter of the financial 12 months 2024-25, Adani Wilmar reported its “highest-ever” half-year working EBITDA of Rs12.32bn and PAT of Rs6.24bn.
The company recorded revenue of Rs144.6bn in Q2 2025, reflecting an 18% year-on-year (YoY) progress, with a 12% year-on-year amount improve.
In the midst of the three months beneath analysis, the edible oils and meals & FMCG segments achieved double-digit revenue progress of 21% and 34%, respectively.
Adani Enterprises plans to utilize the proceeds from the sale to “turbocharge its investments in core infrastructure platforms”, along with energy, utility, transport, and logistics.