Godrej Consumer to increase stake in Darling South Africa and Mozambique businesses

Godrej Consumer Products (GCPL) has entered into an agreement with the Darling Group for increasing its shareholding in Darling South Africa and Mozambique businesses by 4.63%, in line with its intent of gradually scaling up its ownership of the Darling businesses.

GCPL had completed the acquisition of 51% stake in Darling South Africa in September 2011 and in Darling Mozambique in October 2011.

Godrej Consumer Products is a leader among India's Fast Moving Consumer Goods companies, with leading Household and Personal Care Products. Its brands include Good Knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, which are household names across the country.