AQUIRES MAJORITY STAKE IN AUSTRALIA’S GOODNESS GROUP - Reliance Industries Ltd
Code BSE: 500325 NSE:
RELIANCE
RELIANCE CONSUMER PRODUCTS ACQUIRES MAJORITY STAKE IN AUSTRALIA’S GOODNESS GROUP - FOUNDER OF NEXBA
Under the Strategic Partnership, RCPL will help promote Goodness Group’s flagship healthy beverages brands like Nexba and PACE - a hydration brand co-created with Australian cricket captain Pat Cummins, across newer markets including India. The partnership further tsrengthens RCPL’s efforts in developing a health-based beverages portfolio and solidifies its position as a rapidly emerging global FMCG player from India. The company has already forayed into key global markets like UAE, Qatar, Oman, Bahrain, Nepal and Sri Lanka. RCPL has a strong portfolio of healthy beverages like RasKik & Sun Crush juices, zero-sugar CSDs and herbal-natural beverage brand Shunya.