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Varun Beverages expands footprint; Bevco acquires 100% of Crickley Dairy in South Africa, details here

News by Aliceblue News Desk

18 Mar 2026

Varun Beverages expands footprint; Bevco acquires 100% of Crickley Dairy in South Africa, details here

Introduction

Leading beverage company subsidiary acquires 100% equity of South African dairy firm Crickley for ZAR 238 million to expand into value-added dairy and juice products.

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Share price movement of Varun Beverages

On March 18, 2026, Varun Beverages Ltd opened at ₹411.25, up 1.18% from its previous close of ₹406.50. The stock reached a high of ₹418.00 (2.85%) and a low of ₹408.50. By 4:00 PM, it traded at ₹413.92, a 1.83% increase, with a market cap of ₹1,40,661.31 crore.

Varun Beverages Acquires Crickley Dairy

Varun Beverages Limited announced that its subsidiary The Beverage Company Proprietary Limited has signed an agreement to acquire Crickley Dairy Proprietary Limited.

The acquisition involves purchase of 100% equity stake in Crickley from Clark Holdings Proprietary Limited, subject to regulatory approvals including clearance from Competition Commission of South Africa.

The enterprise value of the transaction is ZAR 238 million, equivalent to ₹1,314.68 million, aimed at expanding presence in value added dairy and juice beverage segments.

Stock performance of Varun Beverages for period of 1 week, 6 months, and 1 year

Varun Beverages Ltd delivered a 1-week return of -6.91%, a 6-month return of -14.2%, and a 1-year return of -19.9%.

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Shareholding pattern of Varun Beverages

ParticularsDec 2025Sep 2025Jun 2025
Promoter59.40%59.40%59.80%
FII20.30%21.90%21.90%
DII13.60%11.80%10.50%
Public6.70%6.80%7.80%

About Varun Beverages

Varun Beverages Ltd (NSE: VBL) is a leading PepsiCo franchisee producing and distributing carbonated drinks, juices, and packaged water under global PepsiCo brands since the 1990s.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Varun Beverages Ltd share price on radar today?

A: Varun Beverages Ltd share price is on radar after its subsidiary Bevco acquired 100% stake in Crickley Dairy for ZAR 238 million.

Q: What is Varun Beverages Ltd’s main business focus?

A: Varun Beverages Ltd produces and distributes carbonated drinks, juices, and packaged water under PepsiCo brands across multiple international markets.

Q: What are the 52-week high and low of Varun Beverages Ltd stock?

A: Varun Beverages Ltd stock has a 52-week high of ₹568.50 and a 52-week low of ₹400.60.

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