Hindustan Foods Limited (HFL) has executed Business Transfer Agreement (BTA) for acquisition of Reckitt Benckiser Health India Private Limited’s (Reckitt) manufacturing facility in Village Sandholi, Baddi, Himachal Pradesh as a move to further expand its Health Care & Wellness division. Upon completion, this acquisition will further enhance the company’s offerings in the OTC Healthcare and…
Emami Limited announced the acquisition of Dermicool, one of the leading brands in Prickly Heat Powder and Cool Talc category from Reckitt for a total consideration of? 432 crores excluding taxes & duties. The acquisition is funded through internal accruals and is subject to customary closing conditions. The brand is popular for providing cooling and…
Hindustan Foods Limited announced the acquisition of 100 per cent equity stake in Reckitt Benckiser Scholl India Private Limited for Rs 73 crores. According to the company’s exchange filing, “please be informed that Hindustan Foods Limited (“HFL” or “the Company”) has executed a Share Purchase Agreement (“SPA”) on january 24, 2022 with Reckitt Benckiser (India)…
Reckitt has recently published its gender pay report [reckitt-gender-pay-report-2020-final.pdf], providing data for ten of its major markets, representing 70% of Reckitt employees across the world. Ranjay Radhakrishnan, Reckitt’s Chief Human Resources Officer, commented, “Our expanded voluntary gender pay gap reporting reflects our willingness to be more transparent and fosters greater trust with our stakeholders. Diversity…