Another Cyberabad based company got sold off. “Tirumula Milk Products” second largest private sector dairy producer in Southern India sold off its business to the Europe’s dairy company Lactalis for $275-300 million.
Tirumula Milk is into market since 1998 supplying its products like milk, milk powder, butter, ghee, butter oil and ice cream. But within 5 years company got sold off to a foreign company.
It grew big having processing units across Andhra Pradesh, Karnataka and Tamil Nadu. Following are the operational units in Andhra Pradesh:
- Pasupattur village, chittor Andhra pradesh
- Gudur, Andhra Pradesh
- Gungal, Andhra Pradesh
- Singavaram West Godavari