Renuka Foods PLC announce to the Colombo Stock Exchange that the Shaw Wallace Ceylon Limited, a sub-subsidiary of Renuka Foods PLC has acquired Twenty Million Two Hundred & Ninety Thousand (20,290,000) Ordinary Shares (50% shareholding) of Richlife Dairies Limited for a consideration of Rs 605,000,000 from Renuka Agri Foods PLC on 30th January 2015.

Shaw Wallace Ceylon Ltd is a leading Fast Moving Consumer Goods (FMCG) manufacturing and distribution Company and will integrate Richlife Dairies Limited into its operations to unlock synergies.

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