The acquisition of Minimalist signals HUL’s ambitions in e-commerce and premium beauty. E-commerce currently accounts for 6-7 ...
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 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.
The Indian soap industry is currently valued at approximately ₹25,000 crores in revenue, per data from NielsenIQ. However, ...
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 ...
Minimalist-HUL deal is likely to pave the way for further consolidation, as FMCG players increasingly seek innovative, ...
HUL seeks CCI approval for acquiring Uprising Science, a skincare brand, in a ₹2,670 crore deal for expansion.
Analysts are bullish on stocks around urban consumption and premiumisation themes as they may see uptick in spending as ...
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 ...
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DMR News (English) on MSNHindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist AcquisitionHindustan 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 ...
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With both Reliance and HUL bringing affordable and innovative products to the sports beverages segment, the market is poised ...
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