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Reliance Consumer Acquires Majority Stake In Australia’s Goodness Group

Synopsis:


Reliance Consumer Products has acquired a majority stake in Australia’s Goodness Group Global. The deal adds health-focused beverage brands like Nexba and PACE to its portfolio and marks the company’s entry into the Australian FMCG market.


Source:
Reliance Industries Press Release (NSE Exchange Fillings) | Published on Feb 07, 2025

Disclaimer: This content has been published for informational purposes only. Bajaj Broking is not affiliated with, nor does it endorse or assume any responsibility for, the source material. Readers are advised to consult the original publication for complete and accurate context.

As quoted in the press release of Reliance Industries (NSE Exchange Filings), Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods arm of Reliance Industries Limited, has acquired a majority stake in Australia-based Goodness Group Global Pty. Ltd. The transaction marks RCPL’s entry into the Australian consumer goods market and strengthens its growing international presence.

The acquisition aligns with RCPL’s broader strategy of expanding its consumer business beyond India while building a diversified portfolio across food and beverage categories. Goodness Group Global operates in Australia and several other international markets, focusing on beverages positioned in the “better-for-you” segment.

Also Read: Ipca Laboratories’ Tarapur API Facility Gets VAI Classification From US FDA

Reliance Industries Ltd

Trade

1461.610.79 (0.74 %)

Updated - 09 February 2026
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Key Takeaways

  • RCPL has acquired a controlling stake in Australia’s Goodness Group Global.

  • The deal marks RCPL’s formal entry into the Australian FMCG market.

  • Health-focused brands Nexba and PACE will be added to RCPL’s portfolio.

  • The acquisition strengthens RCPL’s presence in the wellness-led beverage segment.

  • The transaction expands RCPL’s international consumer business footprint.

Strengthening the Health-Based Beverage Portfolio

Goodness Group Global is known for its portfolio of health-oriented beverages that cater to evolving consumer preferences around low-sugar, functional, and wellness-led products. Its flagship brand, Nexba, focuses on gut-health beverages formulated with plant-based ingredients, while PACE operates in the hydration category.

RCPL already manages a growing range of beverages across India and select global markets, including fruit-based drinks, zero-sugar carbonated beverages, and herbal-natural offerings. The addition of Goodness Group’s brands complements this portfolio and supports RCPL’s focus on expanding its presence in the health-focused beverage category.

The acquisition also provides RCPL access to Goodness Group’s existing product development capabilities and international distribution channels, enabling wider availability of these brands across newer markets, including India.

International Expansion and Business Context

RCPL has been steadily expanding its consumer business across overseas markets such as the Middle East and South Asia. The Australian entry adds another developed consumer market to its international operations and reflects the company’s intent to scale its FMCG business globally.

The transaction comes amid a broader trend of Indian consumer companies pursuing overseas acquisitions to diversify revenue streams and access established brands. For Reliance Industries, the move further strengthens its consumer and retail segments alongside its core energy, telecom, and digital businesses.

Aspect

Detail

Acquiring Company

Reliance Consumer Products Limited

Target Company

Goodness Group Global Pty. Ltd

Nature Of Deal

Majority stake acquisition

Key Brands

Nexba, PACE

Market Entry

Australia

Product Focus

Health-focused beverages

Share Price Update

Reliance Industries share price stands at ₹1,450.80 per share on the BSE as of 06 Feb 2026 at 15:30 PM IST, up by 0.51% on the previous close, reflecting routine market movements following the acquisition announcement.

Also Read: Power Finance Corporation Acquires Majority Stake in REC Ltd

Published Date : 09 Feb 2026

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