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Reliance Retail enters into partnership with Maliban, acquires Raskik and Toffeeman

We went into a partnership with Maliban, which is a reputed player into biscuits as well as in beverages launched the Raskik brand and Toffeeman in the confectionary brand, he added.The company is focusing to expand its distribution network across geographies as well as a product offering in the Consumer Brands business.Reliance Retail is on an expansion spree and has acquired several brands, including Sosyo, Lotus Chocolate and Campa Cola, as part of its FMCG ambition.Earlier in December, it launched its consumer-packaged goods brand Independence. ....

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