Crax maker DFM Foods up for grabs as Advent scouts buyers

Advent International is negotiating to sell its majority stake in DFM Foods. Several consumer goods companies and private equity firms are in talks for this acquisition. The deal is expected to be finalized by December, according to executives. DFM Foods, maker of Crax snacks, reported significant sales growth recently. India's packaged snacks market is experiencing increased merger and acquisition activity.

Raccontata daeconomictimes.indiatimes.com