Crickley Dairy Proprietary Limited

Crickley Dairy Proprietary Limited is a significant player in the dairy industry, currently involved in acquisition proceedings. The company is set to be acquired by Bevco, a subsidiary of Varun Beverages, marking a notable development in the dairy market.

Acquisition Details

The acquisition of Crickley Dairy is valued at an enterprise value of ZAR 238 million. This strategic move by Varun Beverages through its subsidiary Bevco highlights the ongoing consolidation within the dairy sector. The completion of the transaction is subject to obtaining regulatory and other required approvals, which are crucial steps in finalizing the deal.