Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The investment would...
Warburg Pincus, Kedaara in talks to acquire Watertec
Warburg Pincus and Kedaara Capital are in separate discussions to acquire Watertec India, a domestic bathroom fittings and accessories maker. The proposed deal will value the unlisted company at ₹3,500 crore ($450...
Crompton Greaves Consumer Electricals and kitchen appliance maker Butterfly announce merger
Crompton Greaves Consumer Electricals Ltd (CGCEL) and Butterfly Gandhimathi Appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business. This will also simplify...
Global investment firm Carlyle acquires majority stake in VLCC
Global investment firm Carlyle on Tuesday said it has acquired a majority stake in homegrown skincare and beauty firm VLCC for an undisclosed amount. Founded in 1989 by Vandana and Mukesh Luthra, VLCC operates in the...
Ghodawat Consumer buys packaged foods brand To Be Honest
Ghodawat Consumer Ltd., the consumer goods arm of Sanjay Ghodawat Group that retails home and personal care products, staples, and snacks, has acquired packaged foods brand, To Be Honest, to strengthen its premium...
V-Guard Industries to acquire Sunflame Enterprises for Rs 660 crore
V-Guard Industries (V-Guard) is going to acquire 100% stake in kitchen appliance company Sunflame Enterprises for a deal pegged at Rs 660 crore on a cash-free and debt-free basis. The definitive agreement was signed on...
Aditya Birla Group leads race to add W owner to cart
Aditya Birla Fashion is now the frontrunner to acquire TCNS Clothing Co, owner of the listed women’s branded apparel retailer that owns brands such as W, Elleven and Aurelia, pulling ahead of Nykaa in what has...
Carlyle set to acquire VLCC Healthcare
Private equity group Carlyle is set to buy VLCC Healthcare Ltd, a three-decade-old, homegrown wellness, beauty products and personal care company, making a big play in the fast-growing and trending sector that of late...
Lotus Herbals acquires 20% in D2C Startup Yogic Secrets
Cosmetics and beauty products maker Lotus Herbals has acquired a 20% stake in direct-to-consumer nutraceuticals and health supplement startup Yogic Secrets Healthcare, it said. Yogic Secrets has also raised an...
Whirlpool to buy InSinkErator for $3 billion to beef up kitchen presence
Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co’s InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen...
TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions
TTK Prestige said it will acquire a majority 51 per cent stake in Ultrafresh Modular Solutions, a move which will help the leading kitchen appliances company into the fast-growing modular kitchen solutions segment. The...
Reliance Industries to acquire dozens of brands in $6.5 bln consumer goods play
India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources...
