Archive · 3 Jan 2026
DSM Fresh Foods Acquires Avyom Foodtech
DSM Fresh Foods, which runs Zappfresh, bought a big part of Avyom Foodtech.
They paid ₹7.5 crore for this.
Avyom Foodtech makes ready-to-eat and ready-to-cook foods.
DSM Fresh Foods will now use Avyom's food factory and land.
They also took over some of Avyom's debts.
This deal helps DSM Fresh Foods sell more food products and send them to other countries.
The company's stock price went down a little after the announcement.
DSM Fresh Foods acquired a 51% stake in Avyom Foodtech for ₹7.5 crore.
Avyom Foodtech specializes in ready-to-eat and ready-to-cook food products.
The acquisition includes a food processing facility and five acres of land.
DSM Fresh Foods will assume Avyom's liabilities, including bank borrowings and trade payables.
The deal aims to help DSM Fresh Foods enter the ready food solutions segment and expand into overseas markets.
- Who
- DSM Fresh Foods (Zappfresh) and Avyom Foodtech (formerly IEY Education)
- What
- Acquisition of a 51% stake in Avyom Foodtech by DSM Fresh Foods
- When
- January 2, 2024
- Where
- India
- Why
- To enter the ready food solutions segment and expand into overseas export markets
- Acquirer
- DSM Fresh Foods (Zappfresh)
- Acquired Company
- Avyom Foodtech (formerly IEY Education)
- Stake Acquired
- 51%
- Deal Value
- ₹7.5 crore
- Acquired Assets
- 5 acres of land, food processing facility, plant and machinery
- Assumed Liabilities
- Bank borrowings and trade payables
- Stock Price Change
- Down 2.53% to ₹140.50 on BSE
