Hindustan Unilever to buy MDH spices? Top points
India Today
The talks between HUL and MDH have been going on and the deal, if it happens, may become the largest in the sector since the GSK acquisition.
Hindustan Unilever Limited (HUL) has been engaged in talks to acquire popular spice maker MDH. If the deal materializes then it could be beneficial for both companies, according to a report by Business Today.
The talks between HUL and MDH have been going on and the deal, if it happens, may become the largest in the sector since the GSK acquisition, the Business Today report says.
This comes after HUL completed the successful merger of health drinks major GSK Consumer Healthcare in 2020.
HUL boasts a massive presence across retail outlets - nearly 80 lakh overall, and this provides a perfect opportunity for growth for the brand MDH.
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