Dabur India (DIL) has informed BSE that it is in the process of acquiring a personal care brand "Touch" in Egypt. |
The brand has existing turnover of $1.1 million largely in hair care category. The price has been negotiated at $1.8 million, subject to due diligence. |
The brand is planned to be integrated under the "Dabur" brand. It will be extended into other markets and other personal care categories after due evaluation and research. The due diligence process is underway. |