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Former HUL CEO Sanjiv Mehta partners with L Catterton to launch an India-focused consumer investment joint venture.
Former HUL CEO Sanjiv Mehta partners with global consumer-focused investment firm L Catterton to launch an India-focused joint venture.
Mehta, who served as the CEO of Hindustan Unilever for over a decade, is set to lead the new investment vehicle as its Executive Chairman of India, effective April 4.
The partnership aims to invest in Indian consumer businesses, utilizing L Catterton's global reach, investments in the consumer sector, and backing from LVMH.
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El ex director ejecutivo de HUL, Sanjiv Mehta, se asocia con L Catterton para lanzar una empresa conjunta de inversión en consumo centrada en la India.