Godrej Consumer Products concludes acquisition of Darling Group

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.