India, Feb. 7 -- ATFL has also appointed Harjeet Kohli, the Joint Managing Director of Bharti Enterprises

Agro Tech Foods Limited has completed its acquisition of Del Monte Foods Private Limited (DMFPL), marking a significant milestone in its expansion strategy. In the fiscal year 2024, ATFL and DMFPL reported a combined turnover of Rs 1,300 crore, with DMFPL contributing 40 per cent of this total. Additionally, DMFPL's contribution to the combined entity's EBITDA in FY24 was 38 per cent. This acquisition solidifies ATFL's position as a leading player in India's food and FMCG sector.

With the completion of this acquisition, Bharti and Del Monte Pacific Limited (DMPL) are now shareholders of ATFL. Bharti has become the second-largest sha...