M&A
Beauty products seller The Good Glamm Group ups stake to 100% in The Moms Co
Pune-based The Good Glamm Group?, a direct-to-consumer (D2C) beauty and personal care conglomerate, has acquired a 100% stake in Gurugram-based mother & child healthcare products seller The Moms Co .In October 2021, the Good Glamm Group had acquired a majority stake in The Moms Co. through a cash and stock deal. The remaining shares held by the founders were fully acquired by Good Glamm Group over the last two years, completing a 100% acquisition. \The Moms Co was established by Malika Sadani and Mohit Sadani in 2016. Over the past three years, key functions of the firm have been integrated into the Good Glamm Group’s operations. After leading the business for a year post-acquisition, the founders stepped down from day-to-day roles last year.
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