HUL to sell Annapurna and Captain Cook brands for Rs 60.4 crore; exits from atta and salt business
Annapurna and Capitan Cook brands are being sold to Uma Global Foods Pte Ltd, and Uma Consumer Products Private Ltd. Which are subsidiaries of Reactivate Brands International, a Singapore-headquartered company and an affiliate of CSAW Aqbator Pte Ltd (Singapore)
Hindustan Unilever Limited (HUL) is India's largest Fast-Moving Consumer Goods (FMCG) company, with a revenue of Rs 51,193 crore in FY22 - Image Source: Reuters