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Goldman, Mitsui PEs invest Rs 315 cr in Global Beverages

MUMBAI: Global Beverages & Foods ( GBF), promoted by fomer Godrej group head A Mahendran, has raised Rs 315 crore from Goldman Sachs and Mitsui Global Investment to build a large, fast-moving consumer goods platform.

“Given the potential of the FMCG market in the country, there is a huge scope to build a brand here. Besides, the rural market is still virgin, which gives us a better opportunity to build our brand in those regions,” Mahendran said here today.

The money ra ..
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