HUL to acquire premium beauty brand Minimalist - Unilever
1 day ago · HUL works to create a better future every day. About Uprising Science Private Limited (Minimalist) Minimalist is an evidence based, consumer focused skin and hair care brand that provides high-quality, science-backed solutions prioritising efficacy and transparency.
HUL to acquire premium beauty brand Minimalist | Unilever
1 day ago · The current Minimalist team led by Mohit and Rahul will continue to operate the business in collaboration with HUL. The transaction is expected to be completed in Q1 of FY 2026. Rohit Jawa, CEO and Managing Director, HUL said, “We are delighted to welcome Minimalist into the HUL family. This acquisition is another key step to grow our Beauty ...
HUL to acquire direct-to-consumer brand Minimalist for nearly …
19 hours ago · HUL Minimalist acquisition: ET first reported on January 3 that the deal was in the works. Founders Mohit Yadav and Rahul Yadav will continue to lead the business for two years. The Rs 2,955-crore deal will also lead to a significant cash exit for the founders, who held around 61% stake in the firm at the time of the acquisition.
HUL buys Minimalist at Rs 2,995 crore valuation
19 hours ago · Hindustan Unilever (HUL) has acquired 90.5% stake in direct-to-consumer (D2C) beauty brand Minimalist for an acquisition valuing it at Rs 2955 crore ($350 million approximately), while it will buy the remaining stake in the next two years. Additionally, HUL will also infuse Rs45 crore in the company.
HUL to acquire 90.5% stake in Minimalist at enterprise value of Rs ...
15 hours ago · Hindustan Unilever (HUL) on Wednesday announced that it has signed a definitive agreement to acquire a 90.5 per cent stake in the premium actives-led beauty brand Minimalist through secondary buyouts and a primary infusion. The acquisition is based on a pre-money enterprise value of Rs 2,995 crore ...
HUL acquires premium beauty brand, Minimalist - Industry News …
16 hours ago · HUL's Minimalist buy indicates company's focus on Beauty & Wellbeing portfolio in high-growth premium demand spaces. Hindustan Unilever has bought 90% stake in Minimalist for an enterprise value ...
HUL Acquires Minimalist: Future-Proofing Portfolio
14 hours ago · Hindustan Unilever (HUL) acquires Minimalist for Rs 2,715 crore, showcasing its commitment to future-proofing its portfolio and bolstering India's startup ecosystem. New Delhi, Jan 22 (PTI) The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a ...
HUL acquires 90.5% stake in Minimalist at Rs 2,995 crore …
1 day ago · Top FMCG player Hindustan Unilever Limited (HUL) will be acquiring 90.5% stake in premium beauty brand Minimalist at a pre-money enterprise value of Rs 2,955 crore. The balance 9.5% will be ...
HUL acquires over 90% stake in premium skincare brand Minimalist …
16 hours ago · Hindustan Unilever Limited (HUL) on Wednesday, January 22, announced the acquisition of online premium skincare brand Minimalist for ₹2,955 crore, according to an exchange filing. The fast ...
HUL To Acquire Premium Beauty Brand Minimalist
1 day ago · In a release, HUL stated that Minimalist will join the portfolio of brands in its Beauty and Wellbeing division led by Harman Dhillon, Executive Director, of Beauty and Wellbeing at HUL. The ...
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