PARIS — Unilever’s India unit is acquiring Minimalist, a premium beauty brand born in India. Financial terms of the deal were not disclosed. But Hindustan Unilever Ltd. said it is taking a 90. ...
An acquisition would add to the Unilever subsidiary’s buying spree in India ... people cautioned, requesting anonymity as the deliberations are private. In the second half of last year ...
Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, as the consumer goods giant seeks to expand in India’s fast-growing premium skincare market.
"Minimalist is trailblazing science-backed clean beauty formulations in India, a trend that has gained massive consumer acceptance worldwide and with growing consumer traction in India. We look ...
(Reuters) -Consumer firm Hindustan Unilever said it will buy a majority stake in the 'Minimalist' skin care brand and reported a marginal rise in third-quarter profit on Wednesday, lifted by ...
Jan 22 (Reuters) - Consumer goods maker Hindustan Unilever (HLL.NS), opens new tab said on Wednesday it would buy the 'Minimalist' skin ... demand recovery in rural India and price hikes.
The acquisition demonstrates strong potential for India's startup ecosystem, with Minimalist achieving Rs 500 crore annual sales within four years. The company will also make a primary infusion of ...
FMCG giant Hindustan Unilever is in advanced talks to acquire D2C beauty brand Minimalist ... led to the rise of D2C brands in India. In 2022, the company had announced the acquisition of a ...
Around three years ago, Minimalist raised Rs 110 crore ($15 million) from Unilever Ventures, the venture investing arm of Unilever, the British company that also runs HUL in India, and others ...
Hindustan Unilever Ltd (HUL) seeks clearance from the Competition Commission of India to acquire a 90.5% stake in Minimalist's parent company, Uprising Science Pvt Ltd, with eventual full acquisition.
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