Private Equity firm Everstone has decided to acquire Cookie Man brand from Australian Foods. Cookie Man was the first fresh baked premium cookie brand to enter the Indian market in 2000.
The Everstone Group's packaged foods platform, Everfoods has entered into an agreement to acquire Cookie Man (Australian Foods India Private Limited), via its subsidiary Modern Food Enterprises Pvt Ltd (MFEL). The company did not disclose the deal value.
Anupam Saluja, CEO, Cookie Man, and the current leadership team, will continue to work with the Modern and Everstone leadership.
Chennai-headquartered Cookie Man is a manufacturer and retailer of Australian cookies