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Rajnigandha Pan Masala Producer DS Group Buys LuvIT Chocolate Brand

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FMCG company DS Group acquires The Good Stuff Pvt Ltd, the owners of LuvIt Chocolate and Confectionery brand, to expand their product range and distribution channels in the Indian confectionery market. With chocolates making up 60% of the INR 23,000 crore market, the acquisition will allow DS Group to enter this segment and appeal to new consumers and markets. The Indian chocolate market is expected to grow at a CAGR of 6.69% until 2028.

DS Group enters chocolate market with acquisition of Luvit Chocolate & Confectionery

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DS Group expands confectionary portfolio through acquisition of LuvIt chocolate and confectionery brand. Boasting a turnover INR1bn ($13.2m), LuvIt complements the company's existing brands, allowing for entrance into new markets.

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DS Group enters chocolate market with acquisition of Luvit Chocolate & Confectionery

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DS Group expands confectionary portfolio through acquisition of LuvIt chocolate and confectionery brand. Boasting a turnover INR1bn ($13.2m), LuvIt complements the company's existing brands, allowing for entrance into new markets.

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