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Rs 315-325 cr acquisition deal! Dabur to buy 51% stake in THIS hair oil company – Details
Update / Judgement Date
30 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Dabur India is set to acquire a 51% stake in Badshah Masala, a leading hair oil company, for INR 315-325 crore. This acquisition is part of Dabur’s strategy to expand its product portfolio and strengthen its presence in the hair care segment. The deal is expected to be completed by the end of the current fiscal year. Badshah Masala, known for its strong brand presence and extensive distribution network, will complement Dabur’s existing product offerings. This acquisition aligns with Dabur’s growth strategy and its focus on enhancing its market share in the fast-growing hair care segment. The deal underscores Dabur’s commitment to expanding its footprint and leveraging synergies to drive growth.