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India’s Varun Beverages buys Daima maker DFIL Kenya in Sh4bn deal
Summary by Nairobi Business Monthly
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India’s Varun Beverages buys Daima maker DFIL Kenya in Sh4bn deal
Indian beverage group Varun Beverages Limited (VBL) has signed an agreement to acquire the dairy beverages, juices and packaged drinking water business of Devyani Food Industries (Kenya) Limited (DFIL Kenya) in a transaction valued at $32 million (Sh4.14 billion). The transaction, expected to close on or before August 1, 2026, involves the transfer of DFIL
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