Creamline Dairy Products, a subsidiary of Godrej Agrovet (part of the Godrej group) and a dairy player in southern India, is investing 30 million crore ($4.5 million) to set up a new plant in Visakhapatnam, Andhra Pradesh, India to increase dairy production, according to a report in the Business Standard. The company currently owns seven factories – two in Hyderabad and one each in Madanapalli, Vijayawada, Karnataka and Nagpur – …
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Household and personal care firm Godrej is set to expand its presence on the continent of Africa with the acquisition of two haircare firms, according to a report in Progressive Grocer India. The Indian firm, through its Africa-based subsidiary Darling Group, has reportedly acquired 100% of the shares in a company called Hair Credentials Zambia, and 51% in Weave Senegal. Godrej will pay “nil consideration for acquisition as the target entities …
Godrej, one of India’s leading home and personal care companies, has announced plans to expand into new African markets with the acquisition of a majority stake in Kenya-based Canon Chemicals. Canon Chemicals manufactures and distributes products in the personal and home care categories. Its major brand is Valon, a petroleum jelly, although the company is also active in air fresheners, detergents and candles. In 2015, the annualised revenue of the business was 1,146 million …
Indian household and personal care company Godrej Consumer Products Ltd (Godrej) has announced ambitions to achieve sales of Rs 100 crore ($16.6 million) through its Protekt brand. The company was speaking as it unveiled product launches of a hand sanitizer, handwashes, and a skin mosquito spray under the Protekt brand. According to Sunil Kataria, Godrej COO, the market of sanitizer products and repellents has increased in the last few years …
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