FMCGMarket hours
GCPL acquires Muuchstac for ₹500 crore from Triology Solutions
market hours1 source ↓written by the desknot a recommendation
- Solutions for approximately
- ₹500 crore
- and a second
- ₹289 crore
- due in 12
- ₹160 crore
Godrej Consumer Products (GCPL) has agreed to acquire the FMCG business of Triology Solutions for approximately ₹500 crore. The deal will be executed via a slump sale, with an initial payment of ₹289 crore and a second tranche of ₹160 crore due in 12 months. This acquisition aims to enhance GCPL's growth in the male grooming segment.
The transaction, requiring no regulatory approvals, is expected to close in a few weeks, potentially boosting GCPL's market position in the male grooming sector.
Not investment advice. For informational purposes only.