Kraft Heinz considering sale of Complan brand in IndiaStaff Writer | June 18, 2018
Kraft Heinz is considering a sale of children’s energy drink brand Complan in India, which could fetch about $1 billion, Bloomberg reported.
Acquisition Horlicks and Complan are two popular malt-based drink brands in India
Reuters had reported in March that at least three companies including Kraft Heinz are expected to bid for GlaxoSmithKline’s Horlicks health nutrition business, which competes with Complan in India.
Horlicks and Complan are two popular malt-based drink brands in India. ■