Dabur India’s step down wholly owned subsidiary - Dabur South Africa, has entered into a share purchase agreement (SPA) on May 17, 2017 to acquire two entities in South Africa on or before June 01, 2018. The company will acquire D&A Cosmetics, a company incorporated and registered in accordance with the laws of the Republic of South Africa and Atlanta Body & Health Products, a company incorporated and registered in accordance with the laws of the Republic of South Africa.
D&A is engaged in the business of development, manufacturing, packaging and sale and distribution of personal care products, Hair Care and Creams to wholesale and retail customers within South Africa, as well as Namibia, Swaziland, Botswana and Lesotho.
Atlanta is engaged in the business of sales and distribution of Long & Lasting brand products for Salons in South Africa.
