Indian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion. The acquisition would strengthen ITC's presence in the South Indian food ...

Idli-dosa war: MTR takes on iD Fresh Food in latter’s own stronghold MTR Foods, in 2021, introduced MTR Minute Fresh, a new range that includes wet idli and dosa batter, and launched an ad ...

Bengaluru’s iconic MTR Foods is reportedly in advanced discussions to be acquired by ITC Ltd, according to a report by The Mint. This move is seen as ITC’s strategic effort to strengthen its ...

MTR Foods and Eastern lead the market for ready-to-cook foods and spices in Andhra Pradesh, Karnataka, Tamil Nadu and Kerala. After the launch of the MTR brand in the food space in 1950 by the ...

Karnataka's heritage foods brand MTR changed hands in 2007, but Norwegian owner Orkla ensured it stayed rooted in its Kannadiga identity. The strategy helped the 100-year-old company stay as a big fis ...

ITC Ltd is in early discussions with Norway's Orkla ASA to acquire its Indian businesses, MTR Foods Pvt. Ltd and Eastern Condiments Pvt. Ltd, in a deal valued at approximately $1.4 billion ...

$1.4 billion: This is the amount ITC Ltd is negotiating to acquire Orkla ASA’s Indian businesses, MTR Foods Pvt. Ltd and Eastern Condiments Pvt. Ltd, Mint reported. The acquisition would help ...