Patanjali Foods Ltd acquires home and personal care business for Rs 1,100 crore to become a dominant FMCG company.
Patanjali Foods Ltd, a subsidiary of Baba Ramdev-led Patanjali Ayurved, has acquired its home and personal care business for Rs 1,100 crore. This acquisition aims to transition Patanjali Foods into a dominant FMCG company. The deal, pending necessary approvals, will consolidate the Patanjali brand's FMCG portfolio, with potential synergies including product innovations, cost optimisation, and enhanced market share.
July 01, 2024
4 Articles