MoneyWorks4Me

Godrej Consumer Products enters into agreement with Darling Group

08 Oct 2014 Evaluate

Godrej Consumer Products (GCPL) has entered into an agreement with the Darling Group for acquisition of 100% stake in the hair extensions business in Ghana. The Company had in February 2014 completed the acquisition of 100% stake in Darling Nigeria.

With this acquisition, the company will own 100% of the hair extensions businesses of both Nigeria and Ghana in West Africa.

GCPL is a leader among India's Fast Moving Consumer Goods companies, with leading Household and Personal Care Products. Its brands include Good Knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, which are household names across the country.

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