Dabur 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 FMCG sector. Unza is one of the leading personal care manufacturer in the Southeast Asia region, with over 50 brands in its portfolio.
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.