Varun Beverages Acquires 50% Stake in Sri Lanka’s Everest Industrial Lanka For USD 3.75 million (INR 320.88 million), all-cash transaction. Target: Everest Industrial Lanka (EIL), engaged in visi-cooler production and sales. Stake Acquired: 50% equity. Purpose: Enables in-group sourcing of visi-coolers for VBL. EIL FY24 Revenue: USD 1.74 million. Deal Completion: Expected by May 30, 2025.