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Emami announces acquisition of controlling stake in Australia based Fravin

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Capital Market
Last Updated : Jan 22 2015 | 12:49 PM IST

A manufacturer of personal care products

Emami announced that Emami Overseas FZE (based in UAE), a Wholly owned subsidiary of the Company has acquired controlling stake of 66.67% in Fravin, a Company based in Australia with major strength in R&D and manufacture of natural and organic personal care products in Australia.

Consequent to the above acquisition, Fravin alongwith its three subsidiary Companies have also become subsidiaries of Emami.

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First Published: Jan 22 2015 | 11:30 AM IST

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