Workflow
Ethnic Snacks
icon
Search documents
PE firm L Catterton invests in Indian snacks major Haldiram’s
Yahoo Finance· 2025-12-18 16:57
Core Insights - L Catterton has entered a strategic partnership with Haldiram's to strengthen its market leadership in India and support international expansion [1][2] - The collaboration will leverage the expertise of Sanjiv Mehta, former chairman and CEO of Hindustan Unilever, to enhance brand building, product development, and geographic expansion [2][3] - Haldiram's is recognized as a leading brand in the ethnic snacks category in India, with significant potential for global growth in the packaged snacks market [3] Investment Context - L Catterton's recent investments in India include a $42 million funding round in Farmley and a minority stake in Drools Pet Food Private [3][4] - The firm has a diverse portfolio that includes brands like Cholula, Ferrara Candy Company, Goodles, and Little Moons outside of India [4]