Hindustan Unilever Limited (HUL) has entered into an agreement for selling its salt and atta business that is operated under the brand names Annapurna and Captain Cook for INR 60.4 million. The brands are being sold by the fast-moving consumer goods (FMCG) company to Uma Global Foods and Uma Consumer Products, which are subsidiaries of […]
Hindustan Unilever Limited, an Indian consumer goods company, said that it has closed the previously announced acquisition of a 19.8% stake in Nutritionalab Private Limited (Wellbeing Nutrition). The total consideration for the stake acquisition as announced in December 2022 is INR 70 crores in cash. The deal marks the entry of Hindustan Unilever into the […]
Hindustan Unilever Limited has inaugurated a new spray dried detergent powder factory and an automated distribution centre in Sumerpur, Uttar Pradesh (UP) of its subsidiary Unilever India. The event was attended by Uttar Pradesh Chief Minister Yogi Adityanath and Hindustan Unilever CEO and MD Sanjiv Mehta. The spray dried detergent powder plant and distribution centre […]
Unilever’s Indian subsidiary Hindustan Unilever Limited (HUL) has wrapped up its previously announced merger of GlaxoSmithKline Consumer Healthcare (GSKCH). Hindustan Unilever announced the merger with GlaxoSmithKline Consumer Healthcare in December 2018, in line with its strategy to evolve the foods and refreshment portfolio into higher-growth segments. The company has secured all the required approvals to […]