acquisition deal
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Franchise India Bureau Sep 29 2017 - 1 min readThe acquired brands—Doan's, Bufferin, Bufferin Ointment, CruexNail Gel, Comtrex and Myoflex—represent products in the cough-and-cold, pain and dermatology categories."These legacy products enjoy strong brand equity built over several decades," said Alok Sonig, executive vice president and head of Dr. Reddy's in the US."We are extremely excited to be entering the branded consumer health arena through ...
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Franchise India Bureau Sep 29 2017 - 2 min readElizabeth Arden has announced to acquire the P&G’s Christina Aguilera fragrance brands, after a deal between P&G and Coty fell through in January.Reportedly, the deal which is expected to close in the first quarter of fiscal 2017, will see Elizabeth Arden take over the global license and related assets for the 35-year-old US singer songwriter’s ...
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WI Bureau Sep 29 2017 - 3 min readGodrej Consumer Products (GCPL) has acquired the US-based Strength of Nature LLC (SON), a leading company of hair care products for women of African descent. Though the size of the deal was not disclosed, in an announcement on Friday, GCPL said the acquisition is expected to be EPS accretive from year one itself. SON's annualized ...