ITC, a major player in the FMCG sector, is set to acquire an additional 73.5% stake in Mother Sparsh Baby Care, a D2C brand known for its natural baby care products. This move will make Mother Sparsh a wholly-owned subsidiary of ITC. The acquisition is expected to be completed over the next 2โ3 years. During this time, the current team, including founder and CEO Himanshu Y Gandhi, will continue to lead and operate the business.
Download the medial app to read full posts, comements and news.