Portfolio: Everstone Capital and Modern Foods
Everstone Capital’s purchase of Hindustan Unilever’s bakery business was its first corporate carve-out. It is now ready to introduce India to the new and improved Modern Foods
Hindustan Unilever (HUL) had a 15-year headache: Modern Foods, the iconic Indian baked goods brand that it had bought in 2000 in the first wave of state-owned enterprise divestments. The Indian branch...
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