Horlicks Brand Acquired by HUL

Horlicks Brand Acquired by HUL

      HUL purchase Horlicks in 3045 crore rupees

       Deal happened before 15 months

      GSK consumer healthcare sold to HUL in 31,700 crore rupees 

      GSK share holders will get 4 shares of HAL per 1 share of GSK

     Now HUL has boost Horlicks and maltova sensodyne CROCIN ENO

     HUL also aquad v wash expert hygiene brand

     HUL will strengthen its package food and drinks brand category

     Now HUL has 20% market share in packaged food and drinks brand category

    In 2019 GSK consumer care has 45 billion rupees turnover in  revenue

    Horlicks and post were the  flagship brand of GSK