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Godrej Consumer to divest non-core Indonesian food business to Creador

25 Jan 2013 Evaluate

Godrej Consumer Products (GCPL) has entered into an agreement to divest its non-core Indonesian Foods business to Creador, with the transaction expected to close in about two months. Since the acquisition of this business in 2010, Godrej has been able to enhance the business value significantly. In 2012, this business generated net sales of about $22 million.

The foods business in Indonesia includes cereals, snacks and instant food products under largely the brands Simba and Turbo. Under this agreement, Godrej’s Indonesian subsidiary will continue to distribute these brands for a 2 year period. HSBC acted as an exclusive advisor to Godrej

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.

Godrej Consumer Prod Share Price

1108.20 27.10 (2.51%)
17-Apr-2026 16:59 View Price Chart
Peers
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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