Acquiring Company
Akums Drugs and Pharmaceuticals Limited
Acquired Company
Oriflame India
Description
Akums Drugs and Pharmaceuticals Limited has announced the acquisition of Oriflame India as part of its strategic growth initiative. The move is expected to enhance Akums' manufacturing capabilities in the cosmetics sector. This acquisition follows a strong financial performance in Q1 FY 2027, underpinned by significant EBITDA growth. The company is well-positioned for future expansions thanks to its robust cash position.
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Based on deal dataFrequently asked
Who acquired Oriflame India?
Oriflame India was acquired by Akums Drugs and Pharmaceuticals Limited. The deal was reported on August 10, 2026. Looking for a trusted partner for your pharmaceutical contract manufacturing needs in India? Partner with us for reliable, efficient, and customized services. Akums Drugs and Pharmaceuticals Limited is privately held.
When did Akums Drugs and Pharmaceuticals Limited acquire Oriflame India?
Akums Drugs and Pharmaceuticals Limited's acquisition of Oriflame India was reported on August 10, 2026. Akums Drugs and Pharmaceuticals Limited has announced the acquisition of Oriflame India as part of its strategic growth initiative. The move is expected to enhance Akums' manufacturing capabilities in the cosmetics sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Oriflame India do?
Oriflame India is a subsidiary of Oriflame Holding AG and focuses on beauty and personal care products. The company operates through a direct-selling business model, offering cosmetics, skincare, and wellness products. It is privately held, operating in Health Care.