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company profile
Emami Group
Gautam Kumar
September 12, 2020 08:09:27 AM
5 minutes
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Emami Group
The
company
is
well
known
in
India
for
its
fairness
cream
products
for
men.[1] In
2008,
Emami
acquired
Zandu
Pharmaceutical
for
₹730
crores.
The
company
merged
Zandu
FMCG
into
Emami
and
raised
Rs.310
Crore
through
QIP.
The
company
became
debt
free
within
2
years
of
the
Zandu
deal. The
company's
health
products
unit
offers
tonics
for
colds
and
coughs
as
well
as
nutraceuticals.[2] The
company
forayed
into
men's
deodorant
market
by
launching
HE
brand
of
deodorants.
Hrithik
Roshan
was
appointed
as
brand
ambassador
for
HE
brand.[3] The
company
acquired
Splash
Corporation
for
Rs.200
crore.[4] A
German
personal
care
brand
Creme
21
has
been
acquired
by
Emami
for
100
crores
in
Feb
2019.[5]
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