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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 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 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.
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.
14h
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 ...
13h
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 ...
7h
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
3h
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 ...
13h
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
8h
Hindustan Unilever Q3 Results: Profit Rises 18.9%, Beats Estimates
Hindustan Unilever Ltd.'s third-quarter profit rose 18.9% year-on-year, beating analysts' estimates. The consolidated net ...
1d
Hindustan Unilever Q3 Preview: Lagging urban demand to hit earnings growth, profit to remain flat
According to a Moneycontrol poll of nine brokerages, Hindustan Unilever's net profit for the quarter is likely to come in at ...
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