Varun Beverages Subsidiary Agrees to Acquire South African Dairy Firm for ₹131.47 Crore

Varun Beverages Acquires South African Dairy Company

Varun Beverages Ltd (VBL) has announced that its South African subsidiary Bevco will acquire Crickley Dairy Proprietary for ₹131.47 crore. This acquisition is part of VBL's strategy to diversify its product portfolio into new categories, such as value-added dairy and juice-based drinks.

Bevco has executed an agreement with Clark Holdings Proprietary Ltd, the parent entity of Crickley Dairy Proprietary, to acquire a 100% equity stake in the company. The acquisition is subject to regulatory and other approvals, including from the Competition Commissions of South Africa.

This acquisition marks the latest move by VBL, PepsiCo's largest franchise bottler, to expand its presence in the South African market. In December 2025, VBL announced its plan to acquire Twizza, a South Africa-based firm, through Bevco. In March 2024, VBL acquired The Beverage Company, South Africa, along with its wholly-owned subsidiaries BevCo, allowing the company to consolidate its presence in franchised territories in South Africa, Lesotho, and Eswatini, as well as territories with distribution rights in Namibia, Botswana, Mozambique, and Madagascar.

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