Godrej Consumer Products has completed acquisition of 75% equity stake in Cenon Chemicals, Kenya, through a wholly owned subsidiary of the company, which was subject to the approval of Completion Commission of Kenya.
Canon Chemicals, a Kenya based company, manufactures and distributes products in the personal and home categories. Its major brand is Valon, a petroleum jelly. In 2015, the annualized revenue of the business was KSh 1,146 million.
Godrej Consumer Products is the largest home-grown home and personal care company in India.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
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