VC-backed FMCG contract manufacturer buys Reckitt Benckiser factory

Hindustan Foods Ltd, the vendor-manufacturer of PepsiCo Inc’s Kurkure brand of snacks, has acquired a manufacturing facility of a global consumer goods major, one person with direct knowledge of the development told VCCircle.Hindustan Foods, which is backed by consumer-centric venture firm Sixth Sense Ventures, has acquired the Jammu-based manufacturing facility ......