Varun Beverages Limited (BSE:540180) acquired additional 30% stake in Varun Beverages (Zambia) Limited on February 23, 2017. Post transaction, Varun Beverages Limited increased its stake from 60% to 90%. Varun Beverages (Zambia) Limited had EBITDA of INR 467 million in the year 2016. Varun Beverages Limited (BSE:540180) completed the acquisition of additional 30% stake in Varun Beverages (Zambia) Limited on February 23, 2017.