Argus Partners Advises Heritage Foods Limited on Acquisition of Majority Stake in Peanut Butter and Jelly Private Limited from Devyani Group Entity

Argus Partners is pleased to announce that it has advised Heritage Foods Limited on its acquisition of 51% stake in Peanutbutter and Jelly Private Limited (Get-A-Way) from Sky Gate Hospitality, a subsidiary of Devyani International Limited.

Peanutbutter and Jelly Private Limited, through its brand Get-A-Way, operates in the guilt-free indulgence segment and has pioneered offerings in high-protein, no-added-sugar ice creams and desserts. This acquisition enables Heritage Foods Limited to enter the healthy desserts segment and expand its consumer food portfolio.

The team at Argus Partners advising consisted of Pallavi Kanakagiri (Partner), Siddharth Malakar (Senior Associate) and Khushi Bhardwaj (Associate).

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