Who owns hindustan unilever

During the past decade, steady growth in the Indian economy has seen an emerging middle class with evolving consumer needs and aspirations. HUL has met them through strategic acquisitions, launches and new product formats.

HUL has also added famous brands such as Horlicks and Boost to move into the growing nutrition space. As a result, it has become one of the largest Foods and Refreshment businesses in the country.

More people doing more household chores themselves also created a surge in demand for dishwashers and saw the launch of the Vim Matic dishwasher range to meet this emerging trend. A surge in the demand for dishwashers saw the HUL team respond with the launch of a range of Vim Matic products. Knowing what spaces to move into relies on knowing your customer base. These are supported by 16 country category business teams that function as micro-organisations to reduce the time taken to land innovations.

The operations involve suppliers and aassociates and stockists and agents. HLL has emerged as a major Exporter. The Board of IBL has already approved the transfer of The company has also launched a 20 gm pack priced at Rs 5. Ashok K. Gupta as "Officer who is in default" for the purposes of Compliance with section 5 f of the Companies Act, He joined HUL in But for its parent company Unilever, the performance was still disappointing.

Now, to please Unilever and mop up more volume growth, HUL has introduced a distribution initiative called 'Must Win '. Unilever House, B. More Information on Hindustan Unilever Ltd. More ». Notification Settings X Time Settings. Clear My notification inbox. Clear Notification X Do you want to clear all the notifications from your inbox? Yes No. Key Data Points. Twitter Followers. Similarweb Unique Visitors. Majestic Referring Domains. Ready to get started?

All rights reserved. PitchBook is a financial technology company that provides data on the capital markets. Log in Request a free trial. Request a free trial Log in. Hindustan Unilever. Hindustan Unilever Overview Update this profile. Founded Status Public. Employees 8, Stock Symbol Investments 9. Formerly Known As. Lever Brothers India. Ownership Status. Publicly Held. The s also witnessed a string of crucial mergers, acquisitions and alliances on the Foods and Beverages front.

The two companies had significant overlaps in Personal Products, Speciality Chemicals and Exports businesses, besides a common distribution system since for Personal Products. The two also had a common management pool and a technology base. The amalgamation was done to ensure for the Group, benefits from scale economies both in domestic and export markets and enable it to fund investments required for aggressively building new categories. In January , in a historic step, the government decided to award 74 per cent equity in Modern Foods to HUL, thereby beginning the divestment of government equity in public sector undertakings PSU to private sector partners.

HUL's entry into Bread is a strategic extension of the company's wheat business. Project Shakti was started in It is a rural initiative that targets small villages populated by less than individuals.