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Mergers & Acquisitions: Consolidation for growth in the beauty space

Globally, mergers and buyouts are common practices where one conglomerate has either acquired all the assets and liabilities of another company, or one has been bought over by a corporate giant purely for business growth. While in the Indian corporate scenario it has been a regular feature, in the Beauty and Wellness space, per se, it is still a relatively new concept with business houses still wanting to remain politically correct while sharing the details. Salon India reports

GCPL expects GST, 7th Pay commission to help increase demand

After witnessing a sluggish first half, FMCG firm Godrej Consumer Products Ltd (GCPL) expects demand to be better in the remaining period of the year with implementation of 7th Pay Commission and passing of GST likely to increase consumption. "Overall,...

Godrej looks for more acquisitions in Indonesia

FMCG major Godrej Consumer Products Ltd (GCPL) is eyeing an inorgranic growth in Indonesia via acquisitions strategy. The company has also shared 'a wish list of assets' with various investment bankers for the same. GCPL had already acquired Indonesian household product major...

FMCG firms pin hopes on normal monsoons to up demand

After two years of drought, the weather department has predicted a normal monsoon this year. Rejoicing along with water-starved villages are FMCG firms, who believe that there is a lot of pent up demand in these areas. Analysts say two...

Godrej eyes global market for 50 pc of total sales

Godrej Consumer Products Ltd (GCPL) is on an acquisition spree. After acquiring Strength of Nature LLC, the US-based hair care products company, Godrej is now expecting the international market to account for more than half of its sales. The FMCG giant had...

Godrej Consumer eyes niche hair styling segment

Godrej Consumer Products Ltd (GCPL) is expected to enter the niche haircare market with an acquired global brand — Salon Selectives. It would now be competing against the likes of salon brands such as L'Oreal and Schwarzkopf. GCPL had...

Godrej Acquires Iconic brands Genteel & Swastik Shikakai

Consumer goods giant, Godrej has acquired two iconic brands, Genteel and Swastik Shikakai, from Mumbai-based Priya Kothari family. Both Genteel, a liquid detergent brand, and Swastik Shikakai, a niche hair wash soap, have been operating in the Indian market...

GCPL soaps will now cost more

Godrej Consumer Products Ltd, one of India's leading FMCG firms, is planning to increase the prices for all its soaps. GCPL is one of the many FMCG companies to hike product prices in the recent past. "We are looking...

Godrej completes acquisition of LatAm haircare firm, Argencos

FMCG major Godrej Consumer Products Ltd (GCPL) has announced the completion of the acquisition of Argentinian haircare company – Argencos - for an undisclosed amount. This is the firm's second buyout in Latin America within a span of two...

Godrej sets up M&A cell, to focus on rural markets

The Godrej group has decided to set up a mergers and acquisitions (M&A) cell to explore opportunities in India and abroad.Adi Godrej, chairman, Godrej Group, said at a recent analysts meet, “We have great opportunities in geographical expansion, in...
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The Luxottica report card for 2022

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