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HUL acquires Adityaa Milk to expand frozen dessert footprint

Bhagyashree Vivarekar 0 1247 Article rating: 5.0

Hindustan Unilever, the holder of Kwality Wall’s and Magnum brands, signed an agreement to acquire brand ‘Adityaa Milk’ to increase its penetration into Ice-Cream and Frozen Desserts business. The stock of HUL shed 1.7 per cent at 15:15 hours after witnessing Open-High at Rs. 1,764.95 per share in Monday’s trade.

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