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Unibic Sale Wont Impact Unibic India

Recent  sale of  Unibic Australia  to  consortium of private investors  would not have impact to Indian Unibic Unit  confirmed by Mr Nikhil Sen .  He confirmed while stating that   Unibic Australia does not hold any stakes in this Indian firm . Unibic India is leading cookies manufacturer with around 8 %  of market share  of cookies business dominated by other major player like  Britannia , Parle , ITC , United biscuits  and many other regional players .

Unibic India promoters  are  Lazard private equity , Light house Capital  and Mr Nikhil Sen himself . Unibic India are co -packers for Pepsi co ,  Future Tasty treat and Cafe Coffee Day . It also exports its cookies to several countries . Unibic India pays a nominal royalty  to use its trade mark and brand name .


for more on this news
http://economictimes.indiatimes.com

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