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Dabur completes acquisition of 2 South Africa firms

IANS  |  New Delhi 

India on Friday said it has completed acquisition of two South Africa-based personal care products companies through its step-down, wholly owned subsidiary Dermoviva Skin Essentials.

According to the fast-moving consumer goods major, the two companies -- D and A and Atlanta Body & Products -- have become step down, wholly-owned subsidiary companies of India with effect from April 5.

In a regulatory filing to the BSE, the company said that has acquired 100 per cent share capital of the two personal care products companies on April 5.

"Accordingly, D and A Proprietary Limited; and Atlanta Body & Products have become step down wholly owned subsidiary companies of India Limited with effect from April 5," the filing said.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 06 2018. 20:12 IST
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