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Honasa Consumers, the parent company of Mamaearth, acquires CosmoGenesis Labs for 4Cr
The parent business of well-known personal care brands including Dr. Sheth's, Mamaearth, The Derma Co., and Aqualogica, Honasa Consumer Ltd., recently announced the strategic acquisition of CosmoGenesis Labs' assets for Rs 4 crore.
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Honasa Consumer acquires Cosmogenesis Labs for Rs 4 crore to strengthen its R&D capabilities further, says co-founder Varun Alagh, ET Retail
As a part of the acquisition, Honasa has also acquired Cosmogenesis Labs R&D labs and the nanomanufacturing facility based out of Mumbai.
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