Patanjali Foods Limited acquires Patanjali Ayurved Limited's Home and Personal Care division for Rs 1,100 crore.

The Competition Commission of India has approved Patanjali Foods Limited's acquisition of Patanjali Ayurved Limited's Home and Personal Care division for Rs 1,100 crore. This move allows Patanjali Foods, primarily focused on food processing and edible oils, to diversify into personal care products such as haircare and skincare. The acquisition aims to enhance its position in the fast-moving consumer goods market, leveraging Patanjali Ayurved's established brand.

October 08, 2024
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