Dabur India Acquires Two South African Based Personal Care Product Cos


Dabur India Limited, on Wednesday's post market hours, announced that it has acquired South-African based, D&A Cosmetics Proprietary Limited and Atlanta Body and Health Products Proprietary Limited.

The company has acquired D&A Cosmetic for South African Rand 47,940,000 and will acquire 100% its shares.
D&A Cosmetics is in the business of development, manufacturing, packaging and sale of personal care products, hair care and creams. It has an annual turnover of South African Rand 24 million as of 2016.

Atlanta Body and Health Products also has been acquired for a cash consideration of South African Rand 2,060,000 and will be acquiring 100% of its shares.

Atlanta Body and Health Products is mainly in the business of sale of personal care products, hair care and creams. The time period for both the acquisition to be completed in its filings is set on or before June 1, 2018.

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