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Unilever adds GSK’s Health Food Drinks to pipeline with ￡3.1bn deal
date:Dec 05, 2018
Multi-national has acquired the Health Food Drinks portfolio of GlaxoSmithKline (GSK) in a 3.1 billion deal that significantly boosts its presence in India.

The portfolio includes iconic brands including malted hot drink Horlicks and Boost. 90% of the turnover of the acquired business is in India.

Unilever said the deal is part of a wider strategy to boost its presence in health-food categories and grow its footprint in high-growth emerging markets.

The acquired portfolio has a long history i

12/23 03:31