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Dabur completes acquisition of Turkey's Hobi Kozmetik Group

Date: 13-10-2010

Dabur has completed the Rs 324 crore acquisition of Turkey-based personal care products maker Hobi Kozmetik Group. The acquisition will further enable consolidating and expanding Dabur's already substantial presence in the Middle East and North African region. At present, 20 per cent of Dabur's overall sales comes from the international markets 

Hobi Kozmetik is a leading manufacturer of personal care products in Turkey. It sells a range of hair care and skin care products under the 'Hobby' and 'New Era' brands across 35 countries, including the Middle East and North Africa.crackcrack