Akums to acquire Oriflame India’s manufacturing assets for Rs 56 crore
Akums Drugs and Pharmaceuticals will acquire Oriflame India’s Roorkee and Noida factories plus a leased Noida warehouse, expanding into colour cosmetics alongside skincare, wellness and hair care manufacturing.
Akums will acquire Oriflame India’s Roorkee and Noida manufacturing facilities and a Noida warehouse for Rs 56 crore, entering colour cosmetics. The deal expands its capabilities across skincare, wellness, hair care and colour cosmetics for Indian and global brands.
Why this matters
With no related recent signals provided, the acquisition marks Akums’s expansion into colour cosmetics manufacturing alongside its skincare, wellness and hair care operations.
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