CCI Approves Hindustan Unilever’s Acquisition of Uprising Science

18 Mar 2025 CW Team

The Competition Commission of India (CCI) has granted approval for the acquisition of Uprising Science Private Limited by Hindustan Unilever Limited (HUL).

Transaction Details The acquisition involves HUL acquiring a 90.5% stake in Uprising Science Private Limited. The remaining 9.5% shareholding will be acquired within two years from the completion date, as outlined in the Share Purchase & Subscription Agreement between HUL and the target company. About Hindustan Unilever Limited (HUL) HUL is a leading FMCG company engaged in the manufacture and sale of:

Home care products Beauty & personal care products Food and refreshment products The company has a diverse portfolio of over 50 brands, including:

Lux, Surf Excel, Fair & Lovely, Lakmé, Knorr, Kwality Wall’s, Brooke Bond, and BRU. About Uprising Science Private Limited The target company is engaged in the manufacture and sale of beauty and personal care products, including:

Skincare & body care products Baby care products Hair care products Next Steps A detailed order from the Competition Commission of India on the acquisition will follow in due course.

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