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Hindustan Unilever, Minimalist
Hindustan Unilever to acquire Peak XV-backed Minimalist for over $340M
The deal gives Unilever’s Indian unit a stronger foothold in the premium beauty segment, adding to its portfolio of brands like Dove, Pond’s, and Lakmé. Minimalist, known for its actives-led skincare products, reported annual revenue run rate of over ₹5 billion and has been profitable since inception.
Hindustan Unilever to step up beauty business with Rs 2,955 Cr Minimalist deal
Hindustan Unilever is looking to increase its play in the fast growing affluent beauty segment, add complementary offerings like serums and strengthen its presence in the ecommerce segment.
Hindustan Unilever acquires 90.5% stake in beauty brand Minimalist at Rs 2,955 crore valuation
Hindustan Unilever acquires a 90.5% stake in beauty brand Minimalist, valuing it at ₹2,955 crore. Founders, Rahul and Mohit Yadav, will continue managing for two years. The acquisition aims to leverage synergies,
Hindustan Unilever's Bold Move with Minimalist Acquisition
Hindustan Unilever Ltd acquires 90.5% of beauty brand Minimalist for Rs 2,670 crore. This move, seen as future-proofing its portfolio, highlights India's vibrant startup ecosystem. The firm plans additional investment to complete the acquisition and expects significant revenue and cost synergies.
Unilever’s India Unit Will Acquire Premium Beauty Brand Minimalist
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 90.5 percent stake in the company through secondary buyouts plus primary infusion. Within two years, HUL should own the entirety of Minimalist.
Hindustan Unilever acquires 90% stake in Minimalist for Rs 2,955 crore
FMCG major Hindustan Unilever Limited has acquired 90.5 percent stake in skincare startup Minimalist for Rs 2,955 crore, the company said while announcing its December quarter results on January 22. Moneycontrol had first reported about HUL’s deal to acquire Jaipur-based Minimalist on January 3.
13h
Unilever's India unit posts marginal Q3 profit rise on recovery in rural demand
Indian consumer firm Hindustan Unilever reported a marginal rise in third-quarter profit on Wednesday, lifted by festive ...
12h
Unilever India’s Profit Beats Estimate on One-Time Gains
Hindustan Unilever Ltd. posted quarterly profit that beat estimates boosted by one-time gains even as the consumer goods ...
6h
Hindustan Unilever: Struggling to keep pace
Palm oil, a key feedstock, continued to impact profitability, with its prices up 40 per cent y-o-y. Tea prices, also, ...
Indian Television Dot Com
2h
Q3 FY 2025: Hindustan Unilever Ltd & the art of growing steadily
MUMBAI: India’s leading FMCG company Hindustan Unilever Limited (HUL) has reported steady financial results for the third ...
12h
on MSN
Unilever's India unit to buy 'Minimalist' beauty brand, posts marginal Q3 profit rise
(Reuters) -Consumer firm Hindustan Unilever said it will buy a majority stake in the 'Minimalist' skin care brand and ...
ndtvprofit
16h
Hindustan Unilever Share Price Snap Two-Day Fall Ahead Of Earnings
Bloomberg's consensus estimates show that Hindustan Unilever is likely to report Rs 2,659.06-crore net profit.
12h
Hindustan Unilever rises Wednesday, still underperforms market
Hindustan Unilever Ltd. 500696 shares inched up 0.11% to 2,342.95 Indian rupees Wednesday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 ...
devdiscourse
12h
Hindustan Unilever's Profits Surge Amidst Higher Expenses
Hindustan Unilever Ltd has reported a significant 19.18% increase in its consolidated net profit for the December quarter, ...
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