Mergers and Acquisitions

Dabur India acquires 100% equity in Namasté Group

November 18, 2010 | By the PSA Desk based on a press release

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Dabur India recently acquired 100% equity in Namasté Laboratories LLC and its three subsidiary companies -- Hair Rejuvenation & Revitalization Nigeria Limited, Healing Hair Laboratories International, LLC, and Urban Laboratories International, LLC along with its South African arm – for $100 million, in an all-cash deal. This marks Dabur’s entry into the fast-growing $1.5-billion ethnic hair care products market in U.S., Europe and Africa. ...cont´d

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