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Britannia Industries on Monday said it has acquired a controlling stake in Kenyas Kenafric Biscuits Ltd while also fully taking over Catalyst Britania Brands Ltd.The companys wholly-owned arm Britannia and Associates Dubai Pvt Co Ltd BADCO has acquired control of Kenafric Biscuits Ltd KBL, a private limited liability firm incorporated in Nairobi, Kenya, by subscribing to 51 per cent of the equity share capital of the company, Britannia Industries said in a regulatory filing.The cost of acquisition was Kenyan Shillings KES 13.87 crore Rs 9.2 crore, it added.Subsequently, KBL has become a step down subsidiary of Britannia Industries. ....

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