Reliance Consumer Buys Majority Stake in Australia’s Goodness Group, Bets Big on Health Drinks

101
09 Feb 2026
4 min read

News Synopsis

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has acquired a majority stake in Australia-based Goodness Group Global Pty Ltd (GGG), marking a significant step in its international expansion and a strategic push into the fast-growing health and wellness beverages segment.

The acquisition represents RCPL’s entry into the Australian consumer goods market and strengthens its ambition to build a global portfolio of ‘Better-For-You’ FMCG brands.

Entry Into Australia and Access to Health-Focused Beverage Brands

Nexba and PACE Join Reliance Consumer’s Global Portfolio

In a statement on Saturday, February 7, RCPL said the deal provides access to Goodness Group’s ‘Better-For-You’ beverage brands, including Nexba and PACE, the latter being co-created with Australian cricketer Pat Cummins.

As part of the partnership, RCPL will support the expansion of these brands into new geographies, including the Indian market, leveraging its supply chain strength and retail reach.

The company said the acquisition aligns with its strategy of delivering “global quality at affordable prices” across markets, while scaling its international FMCG footprint.

Strategic Push Into Health and Wellness Beverages

Reliance Consumer’s Global FMCG Ambition

The deal underscores RCPL’s focus on the health and wellness beverages segment, which has been witnessing strong global demand due to changing consumer preferences, sugar-reduction trends, and increasing awareness around nutrition and lifestyle choices.

Commenting on the transaction, T Krishnakumar, Director at RCPL, said the partnership would fast-track the company’s global ambitions.

He added, "The addition of GGG’s health-focused consumer brands like Nexba and PACE will add strength to RCPL’s healthy beverages portfolio. With our strong supply chain and distribution capabilities, RCPL will ensure expansion of GGG’s brands across newer markets and wide availability in India."

He further said this would help RCPL fulfil its commitment to making global quality accessible.

Goodness Group Eyes Rapid Global Expansion

Plans to Enter 50 Western Markets

Troy Douglas, Founder of Goodness Group, said the partnership with RCPL would significantly accelerate the company’s international growth plans.

He added, "This partnership will provide opportunity for the business to become the global leader in the ‘Better-For-You’ category.”

Douglas noted that the collaboration would support Goodness Group’s ambition to expand into up to 50 western markets over the next five years, supported by RCPL’s operational scale and distribution expertise.

RCPL’s Growing International and Beverage Presence

Expanding Beyond Indian Borders

RCPL has already established a presence in several overseas markets, including:

  • UAE

  • Qatar

  • Oman

  • Bahrain

  • Nepal

  • Sri Lanka

Its existing beverage portfolio includes RasKik, Sun Crush, zero-sugar carbonated drinks, and the herbal-natural beverage brand Shunya, reflecting its emphasis on both mass and wellness-oriented offerings.

Diversification Into Packaged Foods

SIL Relaunch Strengthens FMCG Portfolio

In December, RCPL entered the packaged foods segment by relaunching the 75-year-old legacy brand SIL as its flagship offering. This marked its comprehensive foray into the category with a portfolio covering:

  • Noodles

  • Jams

  • Ketchups

  • Sauces

  • Spreads

The move complements RCPL’s beverage-led growth strategy and positions it as a full-scale FMCG player.

Reliance Consumer Businesses Drive Financial Performance

Retail Revenues Rise in Q3 FY26

Reliance’s consumer businesses continued to anchor overall performance in the December quarter, with the retail segment reporting revenues of ₹97,912 crore in Q3 FY26.

This compares with:

  • ₹90,544 crore in the September quarter

  • ₹90,351 crore in the same period last year

Market Reaction to the Announcement

Reliance Industries Shares End Higher

Shares of Reliance Industries Ltd ended nearly 0.53% higher at ₹1,451 on Friday (February 6), ahead of the acquisition announcement. The stock has gained 14.55% over the past year, reflecting sustained investor confidence in the company’s diversified growth strategy.

Conclusion: A Strategic Step Toward Global FMCG Leadership

The acquisition of a majority stake in Goodness Group Global strengthens Reliance Consumer’s position in the global health beverages space, adds internationally recognised brands to its portfolio, and reinforces its ambition of becoming a global FMCG powerhouse from India.

With expanding international operations, a growing wellness-focused product range, and strong financial backing, RCPL continues to emerge as a key player in the evolving global consumer goods landscape.

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