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Hindustan Unilever Ltd (HUL) on Wednesday announced it had picked a 90.5% stake in Jaipur-based skincare products maker Minimalist for nearly ₹2,960 crore. The acquisition is one of the largest ...
HUL will secure 90.5 per cent of Uprising Science, the parent company of Minimalist, through a combination of secondary buyouts and primary infusion, with plans to acquire the remaining 9.5 per ...
The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the ...
Alongside, it has noted signs of a shift in consumer shopping behaviour towards smaller packs, a trend which ... direct-to-consumer personal care brand Minimalist. The acquisition is another ...
Moneycontrol had first reported about HUL’s deal to acquire Jaipur-based Minimalist on January 3. “HUL to acquire 90.5 percent stake in the business through secondary buyouts (and primary ...
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Hindustan Unilever acquired a 90.5% stake in D2C beauty brand Minimalist, valuing it at Rs 2955 crore. The transaction will complete by June. Minimalist, founded in 2018, saw an 86% revenue jump in ...
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