Godrej Consumer Products (GCPL) has completed the acquisition of 60% stake in Cosmetica Nacional, a market leading hair colorant and cosmetics company in Chile.
Earlier in January this year, the company had entered into an agreement to acquire 60% stake in Cosmetica Nacional. With this move, GCPL continued expanding its focused presence in emerging markets in line with its global 3 x 3 strategy.
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.
| 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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