HUL completes its merger with GSK Consumer, acquires Horlicks, Boost, Maltova & Viva
Image Credit: shortpedia
India's largest FMCG Hindustan Unilever Ltd has completed its merger with GSK Consumer Healthcare Ltd. HUL has acquired Horlicks brand for India for Rs 3,045 crore. HUL dominates with key brands like Lux, Rin, Sunsilk, Kissan, etc. Now apart from Horlicks, brands like Boost, Maltova, and Viva will now be under HUL's umbrella. This merger will provide HUL with a bigger play in the country's food & refreshments market.