date:Jan 29, 2013
expected to be completed within two months, Godrej will distribute PT Simba's brands over a two-year period.
Godrej Consumer Products chairman Adi Godrej said that the divestiture of this business will improve the margin profile of the company's Indonesian business and help the team to take the household and personal care platforms to their full potential.
The consideration from this divestiture will further strengthen our balance sheet, Godrej said.
Creador founder and CEO Brahmal Vasudevan