Emami eyes further acquisition to grow health and personal care segments

In the past, the firm also acquired Zandu brand which opened up its presence in the balms business

Emami Ltd, a company that has grown its portfolio and market share through acquisitions in segments it did not have a presence in earlier, is now eyeing new deals this year to grow its healthcare and personal care products.

"We are open to acquiring both small-sized as well as big companies, provided the brand value and the business model is good. We can acquire companies that have a Rs 50-500 crore turnover," Harsh V Agarwal, director at Emami Ltd, said after the company's annual general meeting here. 

Asked if the Goods and Services Tax (GST) had opened up more possibilities