Godrej Consumer Products inks pact to acquire FMCG business of Raymond Consumer Care

Godrej Consumer Products Ltd. | Household & Personal Products | FMCG | BSE: 532424 | NSE: GODREJCP

27 Apr 2023 Evaluate

Godrej Consumer Products (GCPL) has entered into an agreement to acquire the FMCG business of Raymond Consumer Care (RCCL), a leading player in the deodorants and sexual wellness categories in India. The RCCL FMCG business is being sold to GCPL along with the trademarks of Park Avenue (for the FMCG category), KS, KamaSutra and Premium, through a slump sale. The cost of acquisition is Rs 2825 crore. The said acquisition is expected to be completed by May 10, 2023.

Godrej Consumer Products is a leading emerging markets company.

Peers

Company Name	CMP
Hindustan Unilever	1924.60
Godrej Consumer Prod	875.80
Dabur India	383.95
Colgate-Palmolive(I)	1846.10
Galaxy Surfactants	2278.90
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