Recipes and Stuff

Recipes, Food, Health, Lifestyle, and News

Menu
  • Industry News
  • Cakes
  • Soups
  • Vegan lifestyle
  • Indian recipes
  • Desserts
  • Blog
  • About
Menu

Verlinvest acquires minority stake in beverages start-up, Lahori

Posted on January 14, 2022January 14, 2022 by Kiran

BRUSSELS: Belgium-based consumer-focused investor Verlinvest has acquired a minority stake in beverages start-up, Lahori for $15 million.

Lahori will use the fund to double down on growth through offline and online expansion as well as to expand its retail presence apart from the development of new category-creating products.

Verlinvest is a leading global, family-owned evergreen investment group with multi-billion dollar assets under management backed by families who have together built one of the world’s largest consumer beverage businesses.

Verlinvest has invested in several beverage firms globally, backing billion-dollar brands such as Oatly, Vita Coco, Hint water, among others.

It also counts brands such Sula, Veeba, Epigamia, Byju’s, Purplle and Wakefit among its India portfolio.

Shagun Tiwary Shah of Verlinvest said among all the beverage companies the country has ever seen, Lahori stood out for its taste, product innovation and customer pull. “We are excited to work with them on their next leg of growth.”

The non-alcoholic beverage industry is expected to exceed $18 billion by 2026. The market remains underpenetrated with low per-capita consumption at about 5.5 litres per annum.

Recipes-Stuff

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Target Healthcare sells four care homes in Northern Ireland
  • AEW UK REIT plc announces acquisition of high yielding retail warehousing unit in Preston
  • Tips to eating right during the summers
  • How to become a good chef?
  • Dubai’s most popular tourist destinations: The Atlantis Hotel Palm Jumeirah
  • Blog
  • Cakes
  • Desserts
  • Indian recipes
  • Industry News
  • Recipes
  • Soups
  • Trending Beverages
  • Uncategorized
  • Vegan lifestyle

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
©2023 Recipes and Stuff | Theme by SuperbThemes