From The Economic Times · ET Online · · 1m 20s
Dabur Sesa Care Merger Approved
Dabur India's ayurvedic hair care brand Sesa Care merges with the company after NCLT approval.
In brief
Dabur India's ayurvedic hair care brand Sesa Care merges with the company after NCLT approval. Dabur India gains Sesa Care's hair care business through merger approved by NCLT, strengthening its portfolio and growth opportunities. Originally reported by The Economic Times.
NCLT approves Dabur Sesa Care merger
Dabur India said the National Company Law Tribunal has approved the merger of ayurvedic hair care brand Sesa Care with the FMCG company.
Dabur acquires Sesa Care stake
Dabur acquired a 51% stake in Sesa Care from private equity fund True North for Rs 12.59 crore in October 2024.
Merger valuation details
The transaction valued Sesa Care's enterprise value at Rs 315-325 crore, including Rs 299 crore of debt secured by Dabur's corporate guarantee.
Merger strengthens portfolio
The merger will strengthen Dabur's existing hair care portfolio and help it tap new growth opportunities, the company said.
Board approval timeline
Dabur's board approved the scheme to merge Sesa Care with Dabur India in May 2025 after the transaction was first announced in October 2024.
Integration strategy
Global CEO Mohit Malhotra said the integration will leverage Dabur's distribution network, category expertise, and international market access to expand Sesa Care's reach and unlock revenue and cost synergies.
In short
Dabur India gains Sesa Care's hair care business through merger approved by NCLT, strengthening its portfolio and growth opportunities.
