Minimalist, Hindustan Unilever

Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a significant expansion in its premium beauty segment. The deal, set to close in the June quarter pending regulatory approval,
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio of brands like Dove, Pond’s, and Lakmé. Minimalist, known for its actives-led skincare products, reported annual revenue run rate of over ₹5 billion and has been profitable since inception.
Hindustan Unilever acquires Minimalist for ₹2,955 crore to expand beauty portfolio
HUL acquires Minimalist for ₹2,955 crore, expanding its beauty portfolio with skincare products and AI-based solutions.
Hindustan Unilever Limited Acquires 90.5% Stake In Minimalist, Aligning With HUL’s Focus On High-End Beauty Products
Hindustan Unilever Limited has acquired a 90.5% stake in Jaipur-based premium beauty brand Minimalist. Minimalist’s founders, the Yadav brothers, hold 84% of the company while the remaining 27% is held by Peak XV Partners.
Unilever India unit set to acquire beauty brand Minimalist
Unilever’s India unit is acquiring Indian premium beauty brand Minimalist. Hindustan Unilever (HUL) announced it will take a 90.5% stake in the company for a value of 29.55bn rupees (US$342.3m), including debt. HUL also said that within two years Minimalist would be owned wholly by them.
Hindustan Unilever acquires over 90% stake in premium skincare brand Minimalist for ₹2,955 crore
Hindustan Unilever Ltd announced the acquisition of premium skincare brand Minimalist for ₹2,955 crore on Wednesday, January 22. HUL’s beauty and wellbeing segment, which it aims to boost with the Minimalist acquisition,
Buy Hindustan Unilever; target of Rs 2755: Sharekhan
Sharekhan is bullish on Hindustan Unilever has recommended buy rating on the stock with a target price of Rs 2755 in its ...
Hindustan Unilever: Struggling to keep pace
Palm oil, a key feedstock, continued to impact profitability, with its prices up 40 per cent y-o-y. Tea prices, also, ...
What the Minimalist acquisition means for HUL
The deal aligns with Hindustan Unilever's intent to transform its beauty and well-being portfolio into ‘high-growth’ premium ...
HUL to acquire 90.5% stake in Minimalist at enterprise value of Rs 2,995 cr
HUL will acquire the remaining 9.5 per cent stake from the founders within two years, as per terms outlined in the ...
Hindustan Unilever Q3: Small packs drive sales; urban demand continues to be weak
The FMCG major saw a 19 percent growth in its Q3 profit driven by a one time exceptional gain from the divestment of its ...
retail.economictimes.indiatimes1d
HUL buys Minimalist at Rs2995 crore valuation
Hindustan Unilever (HUL) has bought a 90.5 per cent stake in beauty brand Minimalist for Rs2955 crore. They will acquire the ...