Reliance Consumer Products Acquires Manna Brand
Analysis based on 12 articles · First reported Feb 10, 2026 · Last updated Feb 10, 2026
The acquisition by Godrej Consumer Products of Southern Health Foods Private Limited is expected to positively impact the consumer goods market, particularly the health food segment, by expanding the reach of the Manna brand. This move also signals continued consolidation and investment in the 'better-for-you' product category, as seen with Marico's acquisition of Kinkeshi, reflecting a broader consumer shift towards healthier diets.
Godrej Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has acquired Southern Health Foods Private Limited, the company behind the Manna brand, for ₹156.42 crore in an all-cash deal. This acquisition, completed on February 9, 2026, makes Southern Health Foods Private Limited a wholly owned subsidiary of Godrej Consumer Products. The deal strengthens Godrej Consumer Products' foods and staples portfolio, adding scale in the fast-growing millet-based foods segment. G. Krishnakumar, Director of Godrej Consumer Products, stated that the acquisition will help serve consumers nutritious foods and expand Manna's presence nationally using Reliance's distribution and supply chain capabilities. This move aligns with a broader market trend of increasing demand for health-focused products, as evidenced by other recent investments in the sector, such as Marico's acquisition of Kinkeshi and The Whole Truth's funding round.
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