The investments in food industry are on the roll again. Sil Foods Pvt Ltd, one of India’s oldest and trusted food company has been acquired by Foodservice India Pvt Ltd, a leading food solutions company for the Food service sector in India and Middle east, for an undisclosed amount.
With this acquisition, SIL will get the resources to expand its distribution footprint as well as product range. SIL has a presence in Indian market for over 70 years in the Indian market and has a range of Jams, Sauces, Ketchups, Canned products and Mayonnaise in their retail product portfolio. It is one of the brands which has been in the country ahead of its time in launching the niche products like baked beans, mayonnaise in the country.
The company is known for unique products which are made using the traditional process combined with modern technology. To quote an example, Soya sauce manufactured by the company is using the traditional fermentation process, as against most products available in market made by reconstituting solids with water, colour and flavour. The company manufactured all its products in a factory near Pune, Maharashtra.
Food Service India has established itself as a leading food solutions provider with a strong market presence in the Hotels, Restaurants and Catering Segment with multiple product categories of seasonings, spices, Gravies & Sauces, Beverage solutions, etc. Foodservice India Pvt Ltd solutions are used by over 25,000 Restaurants across Indian Subcontinent and Middle East. The company is present in over 70 cities across India.
Foodservice India Pvt Ltd is a part of VKL Food Solutions Enterprise which is India’s leading food solutions group, which established VKL seasoning Pvt ltd, a company where investment in recent times were done from Firmenich, one of the world’s largest ingredients and flavours company.
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