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Hindustan Unilever, Minimalist
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio of brands like Dove, Pond’s, and Lakmé. Minimalist, known for its actives-led skincare products, reported annual revenue run rate of over ₹5 billion and has been profitable since inception.
Hindustan Unilever acquires over 90% stake in premium skincare brand Minimalist for ₹2,955 crore
Hindustan Unilever Ltd announced the acquisition of premium skincare brand Minimalist for ₹2,955 crore on Wednesday, January 22. HUL’s beauty and wellbeing segment, which it aims to boost with the Minimalist acquisition,
Hindustan Unilever Acquires 90% Stake In Skincare Brand Minimalist For Rs 2,955 Crore
Minimalist raised Rs 110 crore ($15 million) from Unilever Ventures, the venture arm of Unilever, which also operates HUL in India, to scale its business
Hindustan Unilever Ltd Q3 net up 19.18% at Rs 2,989 crore; to acquire Minimalist for Rs 2,670 crore
FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter, boosted by the sale of its 'Pureit' business.The company,
4d
on MSN
India's Hindustan Unilever drops to 8-month low on margin concerns
Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods ...
2d
Hindustan Unilever outperforms market on strong trading day
Hindustan Unilever Ltd. 500696 shares rallied 1.98% to 2,368.90 Indian rupees Friday, on what proved to be an all-around poor ...
Press Trust of India on MSN
3d
Hindustan Unilever stock declines nearly 4 pc after earnings disappoint investors
Shares of Hindustan Unilever Ltd declined nearly 4 per cent in the morning trade on Thursday after the FMCG major's December ...
4d
Unilever's India unit to buy 'Minimalist' beauty brand, sees near-term margin pressure
Consumer goods maker Hindustan Unilever said on Wednesday it would buy the 'Minimalist' skin care brand and projected ...
3d
Hindustan Unilever outperforms competitors despite losses on the day
Hindustan Unilever Ltd. 500696 shares inched down 0.86% to 2,322.90 Indian rupees Thursday, on what proved to be an ...
4d
Buy Hindustan Unilever; target of Rs 2675: Emkay Global Financial
Emkay Global Financial is bullish on Hindustan Unilever has recommended buy rating on the stock with a target price of Rs ...
DMR News (English) on MSN
4d
Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a ...
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