Private Equity

Other Private Equity/Strategic Investments

Emami raises stake in male grooming brand The Man Company to 48.5%

Business Line  

FMCG company Emami has acquired an additional tranche of 6,840 shares of Helios Lifestyle Private Ltd, which owns the male grooming brand The Man Company. Emami's stake now stands at 48.49%.

From the Venture Intelligence M&A Deals Database: Between Dec-17 and Feb-19, Emami had invested about $9.7 million in The Man Company, at the end of which, it held a 34.73% stake. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)