Emami announces acquisition of controlling stake in Australia based Fravin

A manufacturer of personal care products
Emami announced that Emami Overseas FZE (based in UAE), a Wholly owned subsidiary of the Company has acquired controlling stake of 66.67% in Fravin, a Company based in Australia with major strength in R&D and manufacture of natural and organic personal care products in Australia.Consequent to the above acquisition, Fravin alongwith its three subsidiary Companies have also become subsidiaries of Emami.
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First Published: Jan 22 2015 | 11:30 AM IST
