Urban Harvest Acquires Gourmet Food Brand Cocosutra
Premium food company expands portfolio with acquisition of artisanal chocolate and cocoa brand.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $2.5 billion |
| Sector | Urban Harvest |
| Coverage | Startup News |
Urban Harvest, a premium food and beverages company, has acquired Cocosutra, an artisanal gourmet chocolate and cocoa brand, to expand its presence in India's growing specialty foods market.
The Acquisition
What Urban Harvest Gets
Cocosutra's Journey
Founded by chocolate enthusiasts, Cocosutra built a loyal following for:
Market Opportunity
India's chocolate market:
Strategic Fit
For Urban Harvest, this acquisition:
"Cocosutra represents the best of Indian artisanal food innovation," said Urban Harvest's CEO. "Together, we'll bring premium chocolate experiences to millions more consumers."
The combined entity will focus on expanding retail presence and launching new product innovations.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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