Archive · 22 Dec 2025
Varun Beverages Acquires Twizza for ₹1,118.7 Crore
Varun Beverages, a big partner of PepsiCo, is buying a South African drink company called Twizza for about ₹1,118.7 crore.
Twizza has three big factories and makes a lot of drinks.
This deal will help Varun Beverages grow more in Africa.
They have also bought other companies in Tanzania and Ghana recently.
Varun Beverages sells a lot of drinks worldwide and makes a lot of money.
The stock price of Varun Beverages has gone up a bit recently, but it's still down for the year.
Experts think this deal is a good move for the company.
Varun Beverages to acquire Twizza for ZAR 2,095 million (₹1,118.7 crore).
Twizza operates three manufacturing facilities in South Africa with a capacity of 100 million cases annually.
The acquisition will be made through VBL’s South African subsidiary, BevCo, and is expected to be completed by 30 June 2026, subject to regulatory approvals.
Twizza reported a turnover of ZAR 1,689 million (₹9,010.26 crore) for the financial year ended 31 March 2025.
Varun Beverages sees growth opportunities in the African market, with South Africa being a key focus for expansion.
- Who
- Varun Beverages (VBL) and Twizza
- What
- Acquisition of Twizza by VBL
- When
- Expected completion by 30 June 2026
- Where
- South Africa
- Why
- To strengthen VBL's footprint in the African market and leverage Twizza's manufacturing facilities and backward integration capabilities
- Acquirer
- Varun Beverages (VBL)
- Target
- Twizza
- Enterprise Value
- ZAR 2,095 million (₹1,118.7 crore)
- Payment Method
- Cash
- Expected Completion
- On or before 30 June 2026
- Twizza's Turnover (FY 2025)
- ZAR 1,689 million (₹9,010.26 crore)
- Twizza's Production Capacity
- 100 million cases annually
- VBL's Revenue (2024)
- ₹20,007.7 crore
- VBL's Global Sales (2024)
- 1,124 million cases
