Connell Bros buys personal, healthcare ingredients distribution biz in India

Connell Bros buys personal, healthcare ingredients distribution biz in India

6:49 AM, 30th June 2015
Connell Bros buys personal, healthcare ingredients distribution biz in India

MUMBAI, INDIA: Connell Brothers (CBC), a division of Wilbur-Ellis Company said it is continuing its expansion plans in Asia-Pacific with acquisition of personal & health care ingredients distribution business of Mascot Universal Pvt Ltd in India.

Mumbai, India-headquartered, Mascot Universal has offices in Delhi and Bangalore, as well as warehousing facilities, personal care labs and a pilot plant, which are all part of the acquisition.

Also, India is a strategic market for CBC due to the growth that is being driven by rising per capita income and rapid urbanization. As a result of this, the personal, home and health care industry has shown rapid growth.

Mohit Lalvani, founder and managing director of Mascot Universal, and his team, will join CBC and lead the newly named Mascot personal and health care business unit, under Connell Bros Company (India) Pvt Ltd.

“Mascot Universal places an emphasis on marketing excellence and technical competency, making the company a strategic fit for CBC growth plans. By combining our expertise and resources we can create even greater value for our customers in the Indian personal care and health care markets,” said Tejas Parekh, general manager, CBC India.

“It will be a seamless transition for our business and we are excited at the growth opportunities ahead,” said Lalvani.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Merck KGaA to fully acquire Israeli quantum materials co Qlight Nanotech

DARMSTADT, GERMANY/TEL AVIV, ISRAEL: Merck KGaA said that it is acquiring the remaining stake in Qlight Nanotech Ltd, Jerusalem, Israel, and will hold ...

Read more
BASF to lift ethylene oxide plant force majeure on 10 July

LUDWIGSHAFEN, GERMANY: BASF SE said it will lift force majeure declared on 21 May for ethylene oxide (EO)-based products produced in Europe in the por ...

Read more
Eyes go red, stingy after swimming because of urine, not chlorine

LONDON, UK: The red, bloodshot eyes that people get after being in a swimming pool aren’t caused by chlorine, as thought - but by what happens w ...

Read more
Study suggests hatha yoga boosts brain function in older adults

CHAMPAIGN, US: Practicing hatha yoga three times a week for eight weeks improved sedentary older adults’ performance on cognitive tasks that are ...

Read more
Could yoga lessen prenatal depression?

PROVIDENCE, US: In a small pilot study, researchers at Brown University, Butler Hospital, and Women & Infants’ Hospital have found evidence ...

Read more
More than a stretch: Yoga’s benefits may extend to the heart

CAMBRIDGE, US: A recent review of yoga and cardiovascular disease published in the European Journal of Preventive Cardiology indicates that yoga may h ...

Read more