Company News

Reckitt Sells Paras Personal Care Brands

Marico of India picks up Set Wet, Livon, Zatak and more.

Author Image

By: TOM BRANNA

Editor

Indian consumer products company Marico Limited has inked a deal to acquire the Paras personal care business from Reckitt Benckiser. The value of the deal, which includes male grooming, hair care and deodorant brands including Set Wet, Livon, Zatak and certain other personal care brands, was not disclosed. Reckitt Benckiser (RB) acquired the brands from Paras Pharmaceuticals in a deal completed in April 2011. The transaction is expected to conclude by the end of the second quarter of 2...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters