Hindustan Foods to acquire Ultra Beauty Care unit for ₹19.9 crore

FMCG contract manufacturer Hindustan Foods Ltd on Monday announced the acquisition of ayurvedic, herbal beauty care and cosmetic products facility of Ultra Beauty Care Pvt Ltd in Maharashtra for Rs 19.9 crore.
The company has executed a Business Transfer Agreement (BTA) on March 23, 2026 with Ultra Beauty Care Pvt Ltd and its authorised representatives, for acquisition of the business undertaking at C-15, Five Star Industrial Area MIDC Shendra, Aurangabad, Maharashtra, Hindustan Foods Ltd (HFL) said in a regulatory filing.
The acquisition is in line with HFL’s strategy to enter contract manufacturing and expansion of its business into a comprehensive range of ayurvedic, herbal beauty care and cosmetic products, it added.
The company identified the facility as a suitable acquisition target because it is into contract manufacturing of a comprehensive range of ayurvedic, herbal beauty care and cosmetic products.
On the value of acquisition, HFL said it will be acquired for a cash …