Emami, a Kolkata-based FMCG firm, is eyeing to complete Rs 1,000 crore acquisition in three months. The company is aggressively pursuing multiple targets and will try to keep the deal below 1,000 crore. However, the company will be ready to invest further if there is good target. Emami, the makers of Boroplus, Navratna Oil and Zandu Balm, is in final stages of negotiations with a couple of target firms in India and abroad, including the personal care business of Paras Healthcare, which Reckitt Benckiser bought last year and now plans to sell off.
Last year, Emami had lost out to Reckitt Benckiser in the race to buy Paras' personal care business that includes brands such as Livon, Borosoft, SetWet, DermiCool, Moov, Krack foot and ItchGuard. The company offered 3,400 crore for acquiring Paras and it can raise more money if required. The company has already cash reserve amounting to Rs 3,400 crore and it is debt free company which has got option to raise cash if required. Also the promoters can even off-load 4-5% equity to raise money.
Emami plans to enter the premium personal and healthcare segment with a new brand over the next one year. The new brand will offer products in personal care and healthcare segments. Its Fair & Handsome brand leads the men fairness cream market in India with 66% market share, while its Boroplus is the largest selling antiseptic cream in India, Ukraine, Russia and Nepal.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2127.50 |
| Godrej Consumer Prod | 1059.55 |
| Dabur India | 424.75 |
| Colgate Palmol. (I) | 1915.65 |
| P&G Hygiene | 9821.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: