Wednesday 5 February 2014

Godrej Consumer Products to acquire remaining 49% stake in Darling Nigeria

Godrej Consumer Products (GCPL) has entered into an agreement with the Darling Group on February 04, 2014, for enhancing its Phase 1 holdings. Consequent to this, it will gain full control of the Nigeria business. This move is in-line with GCPL’s intent of gradually getting to full control of the Darling country businesses. GCPL had completed the acquisition of 51% stake in Darling Nigeria in September 2011.

Godrej Consumer Products is a leader among India's Fast Moving Consumer Goods companies, with leading Household and Personal Care Products. Its brands include Good Knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, which are household names across the country.

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