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 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 Acquires 90% Stake In Skincare Brand Minimalist For Rs 2,955 Crore
FMCG giant Hindustan Unilever Limited (HUL) has acquired a 90.5 per cent stake in a skincare startup, Minimalist for Rs 2,955 crore in an all-cash transaction, the company announced alongside its quarterly results on Wednesday.
Unilever's India Unit Will Acquire Premium Beauty Brand Minimalist
PARIS - Unilever's India unit is acquiring Minimalist, a premium beauty brand born in India. Financial terms of the deal were not disclosed. But Hindustan Unilever Ltd. said it is taking a 90.5 percent stake in the company through secondary buyouts plus primary infusion.
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.
Hindustan Unilever outperforms competitors despite losses on the day
Hindustan Unilever Ltd. 500696 shares inched down 0.86% to 2,322.90 Indian rupees Thursday, on what proved to be an ...
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Hindustan Unilever Ltd Summary
Hindustan Unilever Ltd was incorporated on 17 October 1933 as Lever Brothers India Ltd. Hindustan Unilever Limited (HUL) is Indias largest Fast-Moving Consumer Goods company with its products ...
Unilever to set up palm oil facility, refining unit in Telangana
Chief Minister A Revanth Reddy and Industries Minister D Sridhar Babu meet Unilever CEO Hein Schumacher and Unilever Chief ...
Harvard Business School7y
Unilever in India: Hindustan Lever's Project Shakti--Marketing FMCG to the Rural Consumer
Rangan, V. Kasturi, and Rohithari Rajan. "Unilever in India: Hindustan Lever's Project Shakti--Marketing FMCG to the Rural Consumer." Harvard Business School Case 505-056, February 2005. (Revised ...
Business Insider India7y
This is what Hindustan Unilever is doing to achieve higher sales; beat Patanjali
In a bid to scale up its numbers and stay ahead of its rivals, Hindustan Unilever (HUL ... and ventured into yurveda sector. HUL launched Lever Ayush last year and soon a new brand Citra, an ...
MarketWatch27d
Hindustan Unilever rises Friday, outperforms market
Hindustan Unilever Ltd. 500696 shares inched up 0.33% to 2,340.25 Indian rupees Friday, on what proved to be an all-around great trading session for the stock market, with the BSE SENSEX Index 1 ...
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Hindustan Unilever share price
Hindustan Unilever Limited is an India-based ... toothbrush, mouthwash) products. Its Home Care segment is engaged in the sales of fabric care (washing powders and liquids, rinse conditioners ...
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Indians are buying more Khadi than Hindustan Unilever products
Hindustan Unilever (HUL). The growth in KVIC sales volume can be attributed to the increase in demand for khadi products. The Indian government’s retail division that boasts exclusively of ...