India: Hindustan Unilever to acquire Indulekha hair oil brand for $50m

India: Hindustan Unilever to acquire Indulekha hair oil brand for $50m

Hindustan Unilever has acquired Indulekha hair oil, a popular hair grooming brand in South India, from Kerala-based Mosons Extractions. Photo: Pradeep Gaur/Mint

Hindustan Unilever Ltd (HUL), India’s largest consumer goods company, has agreed to acquire hair oil brand Indulekha of Kerala-based Mosons Extractions Pvt. Ltd for Rs330 crore, HUL said on Thursday.

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