Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Top FMCG, pharma firms line up to buy Wellbeing Nutrition
Mint Chennai
|August 30, 2025
Top cos like Sun Pharma, Nestle, Reckitt, ITC and Cipla have been approached and the bids are due next month
Wellbeing Nutrition, backed by Hindustan Unilever (HUL) and Fireside Ventures, has been put on the block, with the company likely to see a strategic acquisition. The deal could value the company at around ₹1,500-1,600 crore and top pharma and FMCG players have been approached, multiple people in the know said.
"It will be a strategic sale as the company has reached a good scale. Kotak is running the process and top pharma and FMCG companies have been sounded out," one of these people said.
Top companies such as Sun Pharma, USV Pvt. Ltd, Alkem Laboratories Ltd, Dabur, Nestle, Reckitt, ITC, Torrent and Cipla Consumer have been approached and the bids are due next month, three of the people cited above said. Mint could not independently verify the potential bidders.
"The transaction is currently undergoing due diligence. HUL may also look to exit, but they have the right of first refusal and will take a decision based on demand from the other suitors," one of the people cited above said.
This story is from the August 30, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
It's Clear That Gamblers Should Pay More Taxes Than Investors
Investing aids the economy but gambling is simply consumption
3 mins
September 15, 2025
Mint Chennai
Finding inspiration in natural light
Nicobar's Simran Lal on how her two workspaces keep her calm, motivated
2 mins
September 15, 2025
Mint Chennai
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Chennai
Mercedes Expects Best Festive Season
The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.
1 min
September 15, 2025
Mint Chennai
Indian Market Resilient; Stocks Could Touch New Highs by March
Over the long term, say 7 to 10 years, small and midcaps will be the real winners A. Balasubramanian, managing director and chief executive of Aditya Birla Sun Life AMC
4 mins
September 15, 2025
Mint Chennai
Top Debtor States Seek More From Finance Commission
Greater fiscal relief, revamped criteria for tax revenue sharing, special funds among demands
2 mins
September 15, 2025
Mint Chennai
Insurance law revision likely next session: FM
The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector, is likely to be introduced in parliament in the winter session, finance minister Nirmala Sitharaman has said.
1 min
September 15, 2025
Mint Chennai
When street dogs, cats bring the office closer
When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose
4 mins
September 15, 2025
Mint Chennai
COP-30: Use carbon trading to win climate leadership
An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone
3 mins
September 15, 2025
Mint Chennai
Small stores, bold ambitions: Ikea to ramp up presence
Ikea India plans to add 3-4 small city stores over 10 months, shifting focus from large-format outlets to compact spaces
1 mins
September 15, 2025
Listen
Translate
Change font size