November 16/New Delhi, India/Tendersinfo News -- Cargill has signed an agreement with Agro Tech Foods Ltd. to acquire its vanaspati brand Rath. Rath is a leading vanaspati brand in North India and a market leader in the National Capital Region of Delhi. The scope of the acquisition is limited to the product brand only.
This acquisition will boost Cargill's existing portfolio of edible oil and vanaspati brands and expands its market reach in India's vanaspati market. Cargill, under its NatureFresh Purita and Gemini brands, already locally produces and markets vanaspati.