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 ...
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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 ...
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 ...
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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 ...