Bajaj Client Care acquires Vishal Private Care

Bajaj Client Care acquires Vishal Private Care, recognized within the South, for pure merchandise beneath the Banjara’s model. Beneath the phrases of the settlement, Bajaj Client Care will purchase a 100% stake within the firm in a two-phase transaction, beginning with an preliminary 49% stake, adopted by the remaining 51% within the second tranche. The estimated transaction worth stands at Rs. 120 crore, with an enterprise worth of roughly Rs. 108.3 crore.

With a product portfolio together with facial kits, natural powders, aloe vera gels, shampoos, and hair care powders, the model caters to a rising phase of customers looking for secure and pure magnificence options which largely aligns with the values of Bajaj Client Care. Vishal Private Care merchandise can be found in over 70,000 shops throughout 5 South Indian markets, together with cosmetics shops, supermarkets, pharmacies, and grocery chains.

With the acquisition of Vishal Private Care, Bajaj Client Care (BCCL) will use Vishal’s distribution community to extend its presence in South India. BCCL can even introduce the Banjara’s model in Hindi-speaking markets (HSM), increasing its attain in each areas.

Talking on the acquisition, Jaideep Nandi, managing director of Bajaj Client Care, stated, “Acquisition of Vishal Private Care is a strategic step in strengthening Bajaj Client Care’s footprint within the 5 southern markets. The addition of Banjara’s to our portfolio enhances our skill to serve the evolving customers throughout India, whereas additionally complementing our product vary for additional growth.”