HUL has acquired a 90.5% stake in Minimalist for Rs 2,670 crore, making it one of the biggest acquisitions in the country's startup ecosystem.

Hindustan Unilever (HUL) announced it has signed a definitive agreement to acquire the premium actives-led beauty brand Minimalist. This marks another step in the transformation journey of its ...

HUL's Minimalist buy indicates company's focus on Beauty & Wellbeing portfolio in high-growth premium demand spaces. Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value ...

FMCG giant Hindustan Unilever Ltd (HUL) has signed an agreement to acquire D2C brand Minimalist for a cash consideration of INR 2,670 Cr. In an exchange filing, the company said that its board ...

Reliance Consumer Products Ltd has partnered with former Sri Lankan cricketer Muttiah Muralitharan to launch Spinner sports ...

HUL also sells soaps and body wash under brands such as Lux, Dove and Pears. Last fiscal, the company’s personal care segment—that includes soaps and toothpaste—reported revenues of ₹9,412 ...

Hindustan Unilever Limited (HUL) on Wednesday, January 22, announced the acquisition of online premium skincare brand Minimalist for ₹2,955 crore, according to an exchange filing. The fast ...

Hindustan Unilever will initially acquire a 90.5% stake in the direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders in ...

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 ...

For HUL, Minimalist fills the gap of an affordable, science-focused skincare brand in its basket of beauty and personal care companies. Launched in 2020, Minimalist has so far managed to be one of ...

Rohit Jawa, CEO and managing director, HUL said: “Our Ice Cream category is a high-growth business with iconic brands such as ‘Kwality Wall’s’, ‘Cornetto’ and ‘Magnum’, operating ...

Mohit, Rahul and the team have created a great brand built on science, product efficacy and transparency,” stated Rohit Jawa, Chief Executive Officer (CEO) and Managing Director, HUL.