Business: Horlicks Brand Acquisition
XAT 2019 · General Knowledge · Medium · General Knowledge
The prestigious Horlicks brand of GlaxoSmithKline has been recently brought over by another mega FMCG brand. Name the buyer company.
- A.
Cavinkare
- B.
Patanjali
- C.
Nestle
- D.
Dabur
- E.
Hindustan Unilever
Answer
E
Explanation
Hindustan Unilever Limited (HUL) acquired GlaxoSmithKline Consumer Healthcare India and the Horlicks brand in late 2018.
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