M&A Deal Summary

Future Consumer Enterprises Acquires Grasim - Consumer Products Division

On May 28, 2015, Future Consumer Enterprises acquired consumer products company Grasim - Consumer Products Division from Grasim

Acquisition Highlights
  • This is Future Consumer Enterprises’ 1st transaction in the Consumer Products sector.
  • This is Future Consumer Enterprises’ 2nd transaction in India.

M&A Deal Summary

Date 2015-05-28
Target Grasim - Consumer Products Division
Sector Consumer Products
Buyer(s) Future Consumer Enterprises
Sellers(s) Grasim
Deal Type Divestiture

Target

Grasim - Consumer Products Division

India
Grasim Consumer Products Division, engaged in the activities of manufacturing, branding and distribution of skin care, baby care and home care wet wipes and hand sanitizers under the brands Kara, Puretta, Handys and Prim.

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Buyer(S) 1

Buyer

Future Consumer Enterprises

Mumbai, India

Category Company
Sector Retail
DESCRIPTION

Future Consumer Enterprises Ltd. (FCEL) is a supermarket food company. It is a part of Future Group that operates modern retail networks though its various retail brands.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-21 The Nilgiri Dairy Farm Pvt

Bangalore, India

Nilgiri's is a retail chain of franchised convenience stores with wide reach and brand recognition. Nilgiri's is best known for fresh, quality produce primarily in bakery and dairy.

Buy -

Seller(S) 1

SELLER

Grasim

Mumbai, India

Category Company
Founded 1947
Sector Diversified
Employees27,327
Revenue 1.47T INR (2025)
DESCRIPTION

Grasim Industries engages in diversified products, include viscose staple fiber (VSF), grey cement, white cement, chemicals, and textiles. Grasim Industries was founder in 1947 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-07 Harish Cement

Sundernagar, India

Harish Cement Ltd. is a manufacturer of cement company and is based in Sundernagar, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 Aditya Birla Nuvo

Mumbai, India

Aditya Birla Nuvo Ltd. is a premium conglomerate company. ABNL commands a leadership position across its Financial Services, Telecom, , Linen and Manufacturing businesses.

Buy -