HUL has signed a share purchase agreement to acquire 90.5% of Minimalist's shares for INR 2,670 crore through a secondary buyout, complemented by a primary infusion of INR 45 crore into the company.
Hindustan Unilever are under-indexed on premium offerings ... the next few years is a 900 basis points improvement in [our] portfolio towards premiumisation, said CEO Rohit Jawa, in a post ...
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a significant expansion in its premium beauty segment. The deal, set to close in ...
businessline had earlier reported that HUL was in talks to acquire Minimalist as it aligned with its strategy to broaden its product portfolio and connect with modern consumers. According to ...
HUL's Minimalist buy indicates company's focus on Beauty & Wellbeing portfolio in high-growth premium demand spaces. Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value ...
The deal aligns with Hindustan Unilever's intent to transform its beauty and well-being portfolio into ‘high-growth’ premium spaces. BENGALURU, NEW DELHI: India’s largest consumer goods ...
This acquisition is another key step to grow our Beauty & Wellbeing portfolio ... Now, with HUL’s robust offline distribution network, we look forward to making our products even more accessible ...
Beauty & Wellbeing portfolio reported 1% growth while volumes ... urban consumers are ditching tried and tested brands to buy new products. HUL has outlined plans to grow in emerging demand ...
In a statement, HUL said that the acquisition is a step towards transforming its beauty and wellbeing portfolio ... we look forward to making our products even more accessible across the ...
Minimalist will join the portfolio of brands in HUL’s Beauty & Wellbeing division ... we look forward to making our products even more accessible across the country.” On Wednesday, the HUL ...