Publication: Western Times I Edition: Ahmedabad

Dat~ ~ ~~~il ~~: ? _~~ 8_ 'yag~ _ No: 07 Parag Foods Acquires 's Manufacturing Facility in Sonipat , vestment, the company be- bring us closer to the End ~arag Milk Foods Ltd., comes the largest player In Consumer and will give li:· with leadin~ brands ' "Go'; private d~iry sector in . an edge to understand the "Gowardhan', 'Pride of Cows; involved In the manufactur- con sum e r prefe re n ce In "Awatar';"Topp Up;"Slurp" ing, marketing and distribu- Northern India and expand and "Milkrich"today an - tion of products pro- our product offerings. TI1I5 nounced its expansion ducedexclusivelyfrom pure will be in line with our lonq plans in North India with the and fresh cow's milk. term strategy to make the acquisition of Danone . Commenting on the ac- goodness of cow's mil~ manufacturing facility in quisition, Mr. Devendra reach different parts of the Sonipat, , post the Shah, Chairman, Parag Milk country." completion of Regulatory Foods said, "North India is The manufacturing requirements. The acquisi- one of the key markets for plant is spread across 5.5 00 tion is a strate9ic invest- Pa~ag MilkFoods.Given that sq.mtr.on the outskirts cf ment in strengthening daIry "roducts hold a large . Delhi NCR and provides Parag Milk Foods fresh cat- space In many households easy accessibility to targ et egory distribution in the here, consumption of milk consumer segment Plant', North and North-East re- and milk products is the. current Milk processing ca ­ gions of India. As a part of . high~st .in this region. The pacity is 0.75 LLPD(Lakh U­ investment, the company acquIsItIon of the manufac- tre Per Day) along with Cu,,,' will refurbish the new facil- turing facility of Danonewill processing capacity of 1' . itywith additional amenities strengthen our product of- MT (Metric Tonne). to increase its product port- ferings and leverage our · In the coming month:, folio in the. region. str~ngth in distribution of the company is planning to The company thrives to various products. Currently, expand the new manufac­ deliver the frespest dairy the products that are sold in turing facility by installing products available in the the Northern part of India processing units for pouch market. To maintain fresh- are suppUecf: from our milk, flavored milk. pouch ness, it is imperative to have Mahchar plant in milk, cup curd. a manufacturing unit close . misthidahi as well as expand to the market. With this in- This acquisition will the existing yoghurt facility.