Oriflame to transfer India manufacturing operations to Akums subsidiary
Oriflame India will sell its Roorkee and Noida manufacturing operations to Pure and Cure Healthcare, an Akums subsidiary, subject to customary approvals. The beauty brand will retain its commercial operations and Beauty Entrepreneur network under a long-term manufacturing and supply partnership.
Oriflame will transfer its Roorkee and Noida manufacturing operations to Akums subsidiary Pure and Cure Healthcare, while retaining India commercial operations and its Beauty Entrepreneur network. The parties will form a long-term manufacturing and supply partnership.
Why this matters
No related recent Oriflame India signals were provided. The proposed transaction shifts manufacturing to an Akums subsidiary while Oriflame India retains its commercial operations and Beauty Entrepreneur network.
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