The company has entered into definitive documents for sale and divestment of Annapurna and Captain Cook brands to Uma Global Foods and Uma Consumer Products.
Hindustan Unilever Limited today announced that it has signed an agreement for the sale of its atta and salt business carried out under the brands Annapurna and Captain Cook.
HUL’s decision to divest is in line with the stated intent of exiting non-core categories while continuing to drive its growth agenda in the packaged foods business.