Hindustan Unilever ends JV with Kimberly-Clark

0
1987
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Hindustan Unilever Limited (HUL) divested its 50% shareholding in the Kimberly-Clark Lever Private Limited (KCL) joint venture (JV) in favor of its partner Kimberly-Clark Lever (KCL). The JV was formed in 1995 for the sale of baby and child care and feminine care products in India under the brands Huggies and Kotex respectively.

Vaish Associates advised HUL for the share purchase agreement (SPA). “HUL has divested its entire stake in KCL as part of a strategy to exit non-core businesses and to focus on core business,” said associate partner Krishna Kishore who led the deal for the firm.

Vaish Associates advised HUL on all aspects relating to the share sale, which involved drafting, negotiating, finalizing of definitive agreements, transition services and distributorship agreement and the warehouse sub-lease agreement.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link