Gurgaon, Feb. 6 -- Agro Tech Foods Limited, ATFL, announced the successful completion of its acquisition of Del Monte Foods Private Limited (DMFPL), marking a significant milestone in its expansion strategy.

ATFL and DMFPL had a combined turnover of Rs 1,300 crore in FY24, 40 per cent of which is on account of DMFPL with its contribution to the EBITDA of the combined entity in FY24 at 38 per cent, a release said.

ATFL's completion of the acquisition of DMFPL solidifies the company's position as a leading player in India's food and FMCG sector, it said.

With this, Bharti and Del Monte Pacific Limited (DMPL), have become shareholders of ATFL following the completion of a preferential allotment of equity shares of ATFL, with Bharti becomi...