Dabur to acquire ayurvedic hair care brand Sesa Care

Publicly listed FMCG and consumer healthcare group Dabur India is to acquire 51% stake in ayurvedic hair care products maker Sesa Care Private Limited for INR 12.59 crore in cash and remaining 49% via share swap from its current private equity investor True North. Ambit was the advisor to the transaction.The estimated enterprise value is between INR 315-325 crore (including debt of INR 289 crore). The Consolidated Turnover of the target company for FY 24 was INR133.3 crore.