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    Dabur to acquire Fem Care?

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    Media is abuzz with the news that , country’s leading chain of personal care products, is on the verge of acquiring Fem Care, a FMCG and company famous for its Fem bleach, for a hefty sum of Rs 3 billion.

    Dabur SA to acquire personal care products firms
    While D&A Cosmetics would be acquired at a cost of 4,79,40,000 Rands (around Rs 24 crore), Atlanta Body and Health Products will be acquired for 20,60,000 Rands (over Rs 1 crore)

    When contacted, Dabur India spokesperson turned up saying the reports ‘merely speculative’. However, Fem Care officials remained unavailable to comment on the issue.

    Dabur India marked a 18.4 per cent growth to Rs 699.30 crore in its second quarter ended September 30. Further, Dabur’s international business also grew at a rapid pace with the division recording a growth of 40.5 per cent. On the other hand, Fem Care posted a net profit of 46 million rupees on sales of 937.5 million rupees in the financial year ended March 30, 2008.

    —Akansha Srivastava