Chaudhary Group, a conglomerate, operates in the food and beverage, financial service, infrastructure, real estate, consumer durable, automobile, specialty, and hospitality sectors. It manufactures fast food snacks, biscuits, cereal based blended and baby food, noodles, extruded snacks, fried pallets, fruit juices, cigarettes, potato chips, wafers, flours, edible oils, and hydrogenated fats. The company also operates hospitals, schools, palliative care centers, and art and literature academies; distributes consumer electronic products, such as televisions, smart phones, home theater systems, DVDs, refrigerators, washing machines, and cooking systems, as well as cars, pick-up vehicles, two-wh...
CG Corp In Talks To Acquire Concept Hospitality
Mar 20 15
Chaudhary Group is seeking acquisition of Concept Hospitality Ltd. “CG Corp Global is in talks to acquire a majority stake in Concept Hospitality,” a person close to the two companies said. “CG Corp Global will spend about INR 500 million on the acquisition,” the person said. Param Kannampilly, Chairman and Managing Director at Concept Hospitality, confirmed the deal with CG Group, but said it will be a strategic investment. "My current partner is exiting the business and CG group will come in place of that," Param Kannampilly said. Binod Chaudhary, Group President of CG Corp said, “CG Corp would expand its international portfolio across Africa, Sri Lanka and the ASEAN regions. The vision is to have 200 hotels globally by 2020 and it would be a mix of owned, managed and leased."
Chaudhary Group Mulls Acquisitions
Mar 5 15
Chaudhary Group is looking to acquire companies in India in the food and beverage sector, besides planning to quadruple its production from half a billion packets in the next five years in order to increase its market share in the country. "We are very actively looking at expanding through M&A (mergers and acquisitions) route in the food and beverage category in India," said Binod K Chaudhary, Chairman of Chaudhary Group. He added: "We are looking at investing several hundred crore in this category."
Chaudhary Group Presents at Forbes Global CEO Conference 2013, Sep-05-2013 10:00 AM
Aug 31 13
Chaudhary Group Presents at Forbes Global CEO Conference 2013, Sep-05-2013 10:00 AM. Venue: Bali, Indonesia. Speakers: Binod Kumar Chaudhary, President and Managing Director.