Reliance Consumer Products Acquires Goodness Group Global

Godrej Consumer Products (RCPL), the FMCG arm of Reliance Industries, has acquired a majority stake in Australia's Goodness Group Global (GGG), a 'Better-For-You' beverage business. This strategic partnership marks RCPL's entry into the Australian consumer goods market and strengthens its health-focused beverage portfolio, which includes brands like Nexba and PACE (co-created with Cummins). RCPL plans to leverage its supply chain and distribution capabilities to expand GGG's brands into new markets, including India. Both G. Krishnakumar, Director at RCPL, and Troy Douglas, Founder of GGG, expressed optimism about the deal, highlighting its potential to establish RCPL as a global FMCG player and GGG as a global leader in the 'Better-For-You' category.