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…
Tag: Sanjay Sehgal
Hindustan Foods Ltd. acquires 100% stake in Reckitt Benckiser Scholl India Pvt. Ltd.
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•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)…