Horlicks is the long standing number 1 Health Food Drink in India and the 3rd largest food and beverage brand with sales of £450M. It sells over 2 billion packs a year. For 75 years it has been ...
GlaxoSmithKline (GSK) has accelerated the review of its Horlicks business in India, hoping to sell it for over $4 billion and potentially use the cash for Novartis' buy out deal. Bloomberg ...
HUL acquired brand Horlicks from GSK for about $398 million (₹ 3,041 crore) for the Indian market. HUL’s parent company Unilever paid around $54 million (₹415 crore) for Horlicks brand for ...
However, even though Horlicks boosted HUL’s revenue ... in the June quarter HUL is the largest consumer goods company in India, and the GSK acquisition might have saved it the blushes in ...