Top FMCG player Hindustan Unilever Limited (HUL) will be acquiring 90.5% stake in premium beauty brand Minimalist at a pre-money enterprise value of Rs 2,955 crore. The balance 9.5% will be ...
The VC major, which holds a 27.5% stake in Minimalist, is set to make INR 800 Cr on its investment of INR 80 Cr in the startup Minimalist’s founders are expected to cumulatively make around INR ...
Jan 22 (Reuters) - Consumer goods maker Hindustan Unilever (HLL.NS), opens new tab said on Wednesday it would buy the 'Minimalist' skin care brand and projected near-term margins at the lower end ...
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Five-year-old D2C brand Minimalist has been acquired by FMCG giant Hindustan Unilever at a valuation of Rs. 3,200 crore after HUL acquired a 90.5 percent stake in the business for Rs. 2,955 crore.
FMCG major Hindustan Unilever Limited (HUL) has announced the acquisition of the premium actives-led beauty brand Minimalist, which is set to provide a boost to its Beauty & Wellbeing portfolio.
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