Godrej Consumer Products Ltd will be buying the fast moving consumer goods (FMCG) business of Raymond Consumer Care Ltd for Rs 2,825 crore.The brands that Godrej Consumer would be acquiring from Raymond Consumer are: Park Avenue (for the FMCG .
MUMBAI, April 27 (Reuters) - India's Godrej Consumer Products Ltd said on
Thursday it is acquiring the consumer goods business of Raymond
Consumer Care Ltd for $345 million, bolstering its portfol. | 06:31am
The brands that Godrej Consumer would be acquiring from Raymond Consumer are: Park Avenue (for the FMCG category), KS, KamaSutra and Premium, through a slump sale. KamaSutra, Park Avenue – Godrej Consumer To Buy FMCG Brands From Raymond for Rs 2,825 Crore.