October 24, 2018 / 7:02 AM / 25 days ago

Zydus Wellness, Cadila to buy Kraft Heinz India

Oct 24 (Reuters) - Indian consumer company Zydus Wellness Ltd and Cadila Healthcare Ltd will jointly buy Heinz India Private Ltd for 45.95 billion rupees ($627.18 million).

Zydus and Cadila will buy entities including malt-based health drink Complan and energy drink Glucon-D, Zydus said here in a statement on Wednesday. ($1 = 73.2650 Indian rupees) (Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

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