Home » Health » CCI approves the acquisition of Home and Personal Care (HPC) division of Patanjali Ayurved Limited

CCI approves the acquisition of Home and Personal Care (HPC) division of Patanjali Ayurved Limited

Newdelhi:09 OCT 2024 :Competition Commission of India has approved the acquisition of Home and Personal Care (HPC) division of Patanjali Ayurved Limited (PAL) by Patanjali Foods Limited (PFL). The proposed Combination involves the acquisition of PAL’s HPC business division (non-food business) by PFL.

PFL is engaged in processing of oilseeds, refining of crude oil for edible use, production of oil meal, food products from soya and value-added products from downstream and upstream processing. It is also engaged in the business of fast-moving consumer goods, fast moving health goods comprising mainly of food, biscuits and nutraceutical products and engaged in generation of power from wind energy and trading in various products.

PAL is engaged in in the business of manufacturing, trading, packing and labelling of ayurvedic medicines (by way of herbo mineral preparations, combining herbs and minerals); HPC items; dairy items and bulk trading of rice, etc. Their offering includes a wide range of ayurvedic products, personal care items and health supplements.

HPC division is engaged in business that encompasses the products under haircare, skincare, dental care and home care segment.

Detailed order of the Commission will follow.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

Biju Janata Dal president Naveen Patnaik Slams Odisha Govt Over Mango Kernel Deaths

Bhubaneswar:7/11/24: Mounting a scathing attack on the BJP government in Odisha, Biju Janata Dal (BJD) president Naveen Patnaik on Thursday held it responsible for the death of two tribal women ...