Hindustan Unilever Limited (Hul)
Hindustan Unilever Limited (Hul)
Hindustan Unilever Limited (Hul)
INTRODUCTION:
In today’s fast moving world whatever product (personal care, home care, refreshment) you are
using , you want it to be of best quality as well as cost effective.HUL serves both purposes.
Unilever was set up in 1933 by lever brothers. HUL believes in making future great through its
product in our daily life. Currently its CEO and MD is Sanjiv Mehta. HUL has more than 30
product brands in 20 categories.
Homecare brands:
Active wheel detergent
Surf excel detergent and gentle wash
Vim dishwash
Rin detergents and bleach
Food:
Aquisition:
As a fastest growing FMCG company HUL has acquired many companies to expand its
business. Few of them are as follow:
Merger:
GSK CH India was merged with HUL in 2018.This transaction took place in 31,700
crore.
Competitors:
P&G and HUL have been rivals of each other since all time, apart from this
Nestle & Dabur aro also its rivals.
ITC is also one of biggest players in FMCG sector with a revenue of appx 7
billion dollar and have multiple product segments.
Pantanjali has also become one of the major concerns for HUL due to
its faster scalability ($30 billion) and emerging popularity of the brand
in the name of herbal products.