Riddhi Siddhi Gluco Biols Ltd (RSGBL) has completed the acquisition of Cargill’s corn wet milling facility in Davangere, Karnataka. The plant has an annual capacity of 300,000 MT. This strategic move strengthens RSGBL's manufacturing capabilities in the starch and derivatives industry and expands its footprint in southern India.
Riddhi Siddhi Gluco Biols Limited has completed the acquisition of identified assets from Cargill India Pvt. Ltd. The transaction includes a manufacturing facility in Southern India, land, infrastructure, warehouses, and corn silos. This acquisition significantly strengthens the company's operational footprint in the region.