Godrej Consumer Products (GCPL) has completed the acquisition of 51% stake in Darling Group in Mozambique. Recently, the company had completed the acquisition of 51% stake in Darling Group in South Africa and Nigeria. The acquisition was a strong platform for Godrej home care and personal care products in sub-Saharan Africa.
Earlier in June this year, GCPL had announced that it will acquire 51% stake in African FMCG firm Darling Group in a phased manner in the next 24 to 30 months
The Darling Group manufactures and distributes the full range of hair extension products - which is among the largest hair care categories in Africa. Darling Group’s brands ‘Darling’ and ‘Amigos’ are market leaders in almost all of the countries that the Group operates in.
Company Name | CMP |
---|---|
Hindustan Unilever | 2529.00 |
Godrej Consumer Prod | 1420.00 |
Dabur India | 619.45 |
Colgate Palmol. (I) | 2958.65 |
Galaxy Surfactants | 2671.70 |
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