New Delhi: The Competition Commission of India (CCI) has given its approval for the acquisition of the Home and Personal Care (HPC) division of Patanjali Ayurved Limited (PAL) by Patanjali Foods Limited (PFL).
According to CII, the HPC division of PAL includes a broad range of products covering hair care, skin care, dental care, and home care segments.
By acquiring this division, PFL is set to diversify its business portfolio, which is traditionally centred around food processing, oilseed refining, and fast-moving consumer goods (FMCG) related to health, nutrition, and edible oils.
Patanjali Foods Limited (PFL), is known for its operations in oilseeds processing, refining crude oil for edible purposes, and producing value-added products from soya and other raw materials.
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