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Godrej Consumer Products to set up plants in Africa

Thursday, 03 Oct 2013
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Godrej Consumer Products, an Indian FMGC major, is planning to set up two manufacturing plants in Africa.

 

The company intends to set up factories in Tanzania and Uganda. The proposed projects are part of the company's strategy to expand in Africa.

 

Currently, Godrej Consumer Products has manufacturing facilities in four countries of Africa: South Africa, Mozambique, Kenya and Nigeria.

 

Meanwhile, the company intends to acquire local firms in the continent. It has already made four acquisitions in Africa. Out of the four acquisitions, three were in hair care segments.

 

In 2011, Godrej Consumer Products had completed acquisition of 51 per cent stake in African hair care company, Darling Group Holdings. It also acquired South Africa's Kinky Group in 2008, and hair colour brand, Rapidol, in September 2006. In 2010, the company had acquired Nigeria's personal care brand, Tura, from the Tura Group.

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