L Catterton invests in Haldiram’s for global expansion

A big American company called L Catterton, which is backed by LVMH, has bought a small part of Haldiram’s, a famous Indian food brand.

Haldiram’s makes yummy snacks and runs restaurants.

L Catterton wants to help Haldiram’s grow bigger in India and also sell more food in other countries.

They think Haldiram’s is a great brand with lots of potential.

This team-up will let Haldiram’s use L Catterton’s knowledge and connections to become even more successful.