HUL has signed a share purchase agreement to acquire 90.5% of Minimalist's shares for INR 2,670 crore through a secondary buyout, complemented by a primary infusion of INR 45 crore into the company.
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 acquisition of Minimalist signals HUL’s ambitions in e-commerce and premium beauty. E-commerce currently accounts for 6-7 ...
FMCG giant Hindustan Unilever Ltd (HUL) has sought the Competition Commission of India’s (CCI’s) approval for Minimalist ...
Hindustan Unilever seeks clearance from CCI to acquire Uprising Science, parent company of Minimalist, enhancing its beauty ...
businessline had earlier reported that HUL was in talks to acquire Minimalist as it aligned with its strategy to broaden its product portfolio and connect with modern consumers. According to ...
HUL seeks CCI approval for acquiring Uprising Science, a skincare brand, in a ₹2,670 crore deal for expansion.
The deal aligns with Hindustan Unilever's intent to transform its beauty and well-being portfolio into ‘high-growth’ premium spaces. BENGALURU, NEW DELHI: India’s largest consumer goods ...
In a statement, HUL said that the acquisition is a step towards transforming its beauty and wellbeing portfolio ... we look forward to making our products even more accessible across the ...
Minimalist, known for its actives-led skincare products ... one of the earliest startups in the Surge portfolio. The acquisition follows Hindustan Unilever's expansion into health and well ...
Unilever’s India business entity Hindustan Unilever Ltd (HUL) says its planned demerger with Kwality Wall’s (India) Ltd (KWIL ...