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Hindustan Foods inks pact to acquire business undertaking of M/s Ultra Beauty Care

23 Mar 2026 Evaluate

Hindustan Foods has entered into a Business Transfer Agreement (BTA) to acquire the Business Undertaking of M/s Ultra Beauty Care. The undertaking, located at Aurangabad, Maharashtra, is engaged in the contract manufacturing of a comprehensive range of ayurvedic, herbal, beauty care and cosmetic products. It manufactures for large FMCG companies and also certain D2C players in the Beauty and Cosmetic segment.

The proposed transaction will be executed on a slump sale and going concern basis, subject to the fulfilment of certain conditions precedent as outlined in the BTA. Company expects to complete the acquisition by the first quarter of FY 2026-27.

This move marks a significant step in the company’s journey to expand its footprint in the fast-growing beauty and personal care segment. The acquisition enables the company to attract customers looking for smaller and flexible production runs for new product & brands launches for existing brands and also new D2C players. Proximity to Mumbai Port, will also enable the company to position this site as a potential manufacturing partner for export of BPC products.

The factory is built on a total land area of 6 acres, and the company intends to leverage the spare land and the infrastructure at the site to build a beverage manufacturing facility which will allow better utilization and unlock operating leverage for the acquisition.

Hindustan Foods specializes in setting up one-stop contract manufacturing solutions and the ability to consistently deliver quality products.

Hindustan Foods Share Price

509.15 2.40 (0.47%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2718.25
DCM Shriram 1225.85
3M India 31394.15
Hindustan Foods 509.15
Balmer Lawrie & Co 176.20
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