ManufacturingINVESTCompleted
ITC completed acquisition of Sproutlife Foods (Yoga Bar), raising stake to 100%
Location not reported28 Sept 2026
ITC completed its acquisition of Yoga Bar’s parent company, Sproutlife Foods, by purchasing the remaining 52.5% stake for about ₹645 crore through a secondary cash purchase. The transaction, disclosed via a regulatory filing, was completed on 2026-09-28 and increased ITC’s holding from about 47.5% to 100%, making Sproutlife a wholly owned subsidiary.
Why it matters
The buyout consolidates ownership of a fast-growing nutrition and health-food brand within a large FMCG portfolio, potentially enabling tighter integration and scaling of product development and distribution for Yoga Bar in India.
ITCSproutlife Foods