Hindustan Unilever Ltd.

BSE: 500696 | NSE: HINDUNILVR
Large Cap | Household & Personal Products
2419.95
6.80 (0.28%)
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Hindustan Unilever concludes acquisition of brand ‘Indulekha’

Date: 08-04-2016

Hindustan Unilever (HUL) has completed the acquisition of brand ‘Indulekha’ pursuant to completion of requisite formalities. The company had last year in December signed an agreement with Mosons Group to acquire its flagship brand ‘Indulekha’.

The proposed acquisition was in line with the company’s strategic intent to strengthen its leadership position in Personal Care by providing an impetus to its play in the evolving Premium Naturals segment. 

Hindustan Unilever is India's largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of nine out of ten Indian households. HUL works to create a better future every day and helps people feel good, look good and get more out of life with brands and services that are good for them and good for others.