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 Limited Acquires 90.5% Stake In Minimalist, Aligning With HUL’s Focus On High-End Beauty Products
Hindustan Unilever Limited has acquired a 90.5% stake in Jaipur-based premium beauty brand Minimalist. Minimalist’s founders, the Yadav brothers, hold 84% of the company while the remaining 27% is held by Peak XV Partners.
Unilever India unit set to acquire beauty brand Minimalist
Unilever’s India unit is acquiring Indian premium beauty brand Minimalist. Hindustan Unilever (HUL) announced it will take a 90.5% stake in the company for a value of 29.55bn rupees (US$342.3m), including debt. HUL also said that within two years Minimalist would be owned wholly by them.
Unilever's India unit to buy 'Minimalist' beauty brand, sees near-term margin pressure
By Praveen Paramasivam and Ananta Agarwal (Reuters) -Consumer goods maker Hindustan Unilever said on Wednesday it would buy the 'Minimalist' skin care brand and projected near-term margins at the lower end of its forecast range as it grapples with slowing urban demand.
Hindustan Unilever outperforms competitors despite losses on the day
Hindustan Unilever Ltd. 500696 shares inched down 0.86% to 2,322.90 Indian rupees Thursday, on what proved to be an ...
India's Hindustan Unilever drops to 8-month low on margin concerns
Shares of Hindustan Unilever fell as much as 3.5% on Thursday to their lowest level since May after the Indian consumer goods ...
Hindustan Unilever Q3: Brokerages cut target prices on weak near-term demand outlook, urban slowdown weighs
Brokerages cut target prices on HUL as near-term performance likely to remain muted due to weakness in urban demand.
Press Trust of India on MSN1h
Hindustan Unilever stock declines nearly 4 pc after earnings disappoint investors
Shares of Hindustan Unilever Ltd declined nearly 4 per cent in the morning trade on Thursday after the FMCG major's December ...
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 ...
Buy Hindustan Unilever; target of Rs 2675: Emkay Global Financial
Emkay Global Financial is bullish on Hindustan Unilever has recommended buy rating on the stock with a target price of Rs ...
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 ...
Businessworld6h
Hindustan Unilever Stock Slumps 2% On Q3 Subdued Performance
Hindustan Unilever stock slumped over 2 per cent in the Thursday trading session after the firm post subdued performance in ...
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, ...
DMR News (English) on MSN11h
Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a ...