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.
Mohit, Rahul and the team have created a great brand built on science, product efficacy and transparency,” said Rohit Jawa, chief executive officer and managing director of HUL, in the official ...
Hindustan Unilever Limited (HUL) is reportedly in talks to acquire Minimalist, a Jaipur-based skincare brand backed by Peak XV Partners, in a deal valued at approximately Rs 3,000 crore ($350 ...