Primavera Capital Group (Primavera) announced that it has signed a definitive agreement with Reckitt Benckiser Group plc (Reckitt), a world’s leading consumer health, nutrition, and hygiene company, to acquire the Greater China business of the Mead Johnson Nutrition Company (Mead Johnson, the Company), a global leading infant formula and nutrition company owned by Reckitt. Following the transaction,…
Global consumer goods company Reckitt Benckiser (RB) led a strategic investment round of Rs 45 crore in Visage Lines Personal Care Pvt. Ltd., the owner of the personal care brand Bombay Shaving Company (BSC). Other investors that took part in the investment round include HNIs (high net-worth individuals) such as Rajesh Sud from Bharti Enterprises,…
Google Cloud announced a collaboration with Reckitt Benckiser (RB) to drive stronger customer engagement as the consumer health, hygiene and nutrition company embarks on wide-scale digital transformation. The alliance, which is a result of RB’s multi-year digital transformation, will see Google Cloud unify the company’s extensive data landscape, building new capabilities around consumer identification, journeys,…
Pharmapacks, a US-based leading ecommerce enablement platform and retail seller for brands across major ecommerce marketplaces, announced the closing of a $40 million bridge round financing. The round was led by Reckitt Benckiser, The Craftory, The Straus Group, The Emerson Group, and Sawaya Capital Partners. JP Morgan Securities acted as Sole Placement Agent on the…