Photo Credit: Reuters Fast-moving consumer Goods (FMCG) maker Hindustan Unilever announced the acquisition of haircare and skincare brand Minimalist at a pre-money valuation of ₹2,955 crore.

MUMBAI: India’s leading FMCG company Hindustan Unilever Limited (HUL) has reported steady financial results for the third quarter (Q3) and the nine-month period ended 31 December 2024.

FMCG major Hindustan Unilever Limited has acquired 90.5 percent stake in skincare startup for Rs 2,955 crore in an all cash deal, the company said while announcing its quarterly results on January 22.

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.

HUL’s portfolio, historically dominated by mass-market brands like Sunsilk, Clinic Plus, Lux, and Lakmé, has expanded to include ‘masstige’ and digital-first brands like Dermalogica, Simple, and Love ...

Unilever, a global fast-moving consumer goods (FMCG) company operating as Hindustan Unilever in India, has announced plans to set up two manufacturing units in Telangana. The units would include a ...

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Unilever did not disclose the sale price for the assets and said in a statement that the disposal aligns with its strategy to focus the company’s food portfolio on “core segments”.

Hargett Street. This is the location of House of Art, a house turned venue that showcases art, local music, and even hosted the St. Nick’s Pop-Up Bar during the holiday season. A surveillance video ...