Home Retail Dabur in one of the largest FMCG acquisition deal

    Dabur in one of the largest FMCG acquisition deal

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    India is going to acquire about 60 per cent stakes in Unza Holdings, Singapore-based consumer goods company for Rs 600-675 crore. This is said to be the one of the biggest acquisition deals in the sector. Unza is one of the leading manufacturer in the Southeast Asia region, with over 50 brands in its portfolio.

    Dabur India Q2 net profit up 5 per cent at Rs 357 cr

    This will help Dabur to increase its consolidated sales by 22 per cent, which will help it become third largest FMCG company in the country. The company will buy holdings of private equity funds Actis and Standard Chartered who hold 30 per cent each in the $150-million Singapore company.