FMCG firm Hindustan Foods to invest ₹100 cr in shoe biz
As part of the investment, the FMCG firm has entered into a share purchase agreement (SPA) to acquire a 100% stake in KNS Shoetech Private Limited.
As part of the investment, the FMCG firm has entered into a share purchase agreement (SPA) to acquire a 100% stake in KNS Shoetech Private Limited.
It serves some of India’s most prominent FMCG brands such as HUL’s Surf Excel, Lakme, and Brooke Bond Taj Mahal, Reckitt’s Benckiser India’s Dettol, and Mortein, and Wipro Consumers’ Yardley London.