Zydus Wellness

Zydus Wellness (founded as Carnation Nutra-Analogue Foods) is an Indian consumer goods company headquartered in Ahmedabad, Gujarat. It is a subsidiary of pharmaceutical company Cadila Healthcare.[4][5]

Zydus Wellness
Public company
Traded asNSE: ZYDUSWELL
BSE: 531335
IndustryConsumer goods
GenreFast-moving consumer goods
Founded1994[1]
Headquarters
Ahmedabad, Gujarat[2]
,
India
Area served
Global
Key people
Sharvil Patel (Chairman)
Tarun Arora (CEO)[3]
ParentCadila Healthcare
Websitezyduswellness.in

Zydus is a producer of nutrition and skincare products under brands such as EverYuth, Sugar Free, Nutralite and Actilife.[6] In 2019, Zydus acquired Kraft Heinz's subsidiary Heinz India for ₹4,595 crore (US$640 million), picking up the latter's consumer product brands including Complan, Glucon-D, Nycil and Sampriti Ghee.[7][8]

During the COVID-19 pandemic, Zydus Wellness entered the hand sanitiser segment and stated that hand sanitiser products will be part of its portfolio even after the pandemic.[9]

References
  1. "Zydus Wellness Ltd". Business Standard. Retrieved 24 April 2020.
  2. "India's beloved Complan, Glucon-D, and Nycil brands now have a fully Indian owner". Quartz. Retrieved 24 April 2020.
  3. "Zydus beats the drums for the Heinz band". Business Standard. Retrieved 7 July 2020.
  4. "Cadila sets share swap ratio for consumer unit demerger". Reuters. Retrieved 24 April 2020.
  5. "Cadila buys stake in Carnation Foods". Business Standard. Retrieved 24 April 2020.
  6. "Zydus to buy iconic Heinz brands for ₹4,595 cr". The Hindu Business Line. Retrieved 24 April 2020.
  7. "Zydus Wellness completes acquisition of Heinz India". Economic Times. Retrieved 24 April 2020.
  8. "Riding on Heinz, Zydus Wellness eyes Rs 4,500-crore turnover in 5 years". Business Standard. Retrieved 24 April 2020.
  9. "COVID-19: Zydus Wellness launches hand sanitizer under Nycil brand to meet growing demand". Outlook India. Retrieved 7 July 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.