Cipla Ltd acquires Ivia Beaute's cosmetics and personal care business for Rs 130 crore.

Pharmaceutical company Cipla Ltd is acquiring the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd for Rs 130 crore. The deal includes Ivia Beaute's brands Astaberry, Ikin, and Bhimsaini worldwide. This acquisition aligns with Cipla's focus on expanding its consumer healthcare and wellness portfolio, and strengthening its presence in the beauty and personal care sector.

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