Godrej Agrovet

Godrej Agrovet forms JV with US based Tyson

Godrej Agrovet has signed a joint venture deal with world's largest meat processor and marketer, Tyson Foods of US. Godrej Agrovet is the Rs1200-crore agri-business arm of the Godrej group. The joint venture of both players will boost their business prospectus in the market. Tyson would have 51 per cent stake in their JV, Godrej Tyson Foods. Tyson will share its processing and product development expertise with Godrej which is well known for food service marketing and supply chain management in India. The deal size was not revealed by the companies.