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Feb 20, 2023, 02.30 PM

HUL to sell Annapurna and Captain Cook brands

The Transaction also involves distribution support by the Company to provide transitionary support for a period of 24 months.

The Transaction is subject to fulfilment of certain terms and conditions as specified in the Transaction Documents. 

Hindustan Unilever Limited has entered into definitive documents for sale and divestment of “Annapurna” and “Captain Cook” brands in the “Atta & Salt” categories of the foods business of the Company including the trademarks, copyrights and other intellectual properties and any exclusive assets and contracts associated with the brands to Uma Global Foods Pte Ltd and Uma Consumer Products Private Limited, affiliates/nominees of CSAW Aqbator Pte Ltd., (Singapore) in terms of the Transaction Documents (“Transaction”).

The Transaction also involves distribution support by the Company to provide transitionary support for a period of 24 months. The Transaction is subject to fulfilment of certain terms and conditions as specified in the Transaction Documents. 

CSAW is inter alia engaged in the business of designing manufacturing and marketing wellness products in Singapore and other countries with a purpose to promote affordance wellness. 
 

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