MoneyWorks4Me

Godrej Consumer Products concludes acquisition of Frika Hair

03 Mar 2015 Evaluate

Godrej Consumer Products (GCPL) has completed the acquisition of 100% of the business of Frika Hair in South Africa.

The company has earlier entered into an agreement with the Darling Group for increasing its shareholding in Darling South Africa and Mozambique businesses to 90% in line with its intent of gradually scaling up its ownership of the Darling businesses.

Godrej Consumer Products 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.

Peers