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By Team Ayurved Sutra
Posted on
Dabur India buys manufacturing business in Uttarakhand for 150 million rupees
Dabur India Limited bought food products, Ayurveda and cosmetics manufacturing business in Uttarakhand for 150 million rupees. Dabur India Ltd has informed BSE that the company has agreed to purchase the business undertaking (including manufacturing facility and all assets and liabilities relatable to the said facility) situated in Uttarakhand, on a going concern basis from M/s. Northern Aromatics Limited (Dabur’s existing vendor) on a slump sale basis at a consideration of Rs 15 crore. The said facility will be used to manufacture food products, Ayurvedic medicines and cosmetics. Agreement to sell in this respect was done on November 18, 2013.
