Hindustan Foods Ltd Acquires Ayurvedic & Herbal Cosmetic Manufacturing Facility for ₹19.9 Crore
New Delhi, March 23 – FMCG contract manufacturer Hindustan Foods Ltd (HFL) announced on Monday the acquisition of an ayurvedic, herbal beauty care, and cosmetic products facility of Ultra Beauty Care Pvt Ltd in Maharashtra for ₹19.9 crore.Details of the Acquisition
HFL executed a Business Transfer Agreement (BTA) with Ultra Beauty Care Pvt Ltd and its authorized representatives on March 23, 2026. The facility is located at C-15, Five Star Industrial Area, MIDC Shendra, Aurangabad, Maharashtra, according to a regulatory filing by the company.Strategic Expansion into Ayurvedic and Herbal Products
The acquisition aligns with HFL’s strategy to enter contract manufacturing and broaden its presence in the ayurvedic, herbal beauty care, and cosmetic products market.HFL identified the facility as a suitable acquisition target due to its established operations in contract manufacturing of a wide range of ayurvedic and herbal cosmetic products.
Financial Considerations and Timeline
The facility will be acquired for a cash consideration of ₹19.9 crore, subject to customary adjustments as per the BTA.The acquisition is expected to be completed by the first quarter of 2026-27, contingent upon fulfillment of the conditions outlined in the agreement.
Outlook
This move marks a significant step in HFL’s plan to expand its FMCG manufacturing capabilities and strengthen its position in the growing ayurvedic and herbal beauty segment in India.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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