Godrej Consumer Products Limited (NSEI:GODREJCP) signed a definitive agreement to acquire FMCG business from Trilogy Solutions Private Limited for INR 4.5 billion on October 31, 2025. A cash consideration of INR 2.89 billion will be paid by Godrej Consumer Products Limited. Godrej Consumer Products Limited will pay an earnout/contingent payment of INR 1.6 billion cash. As part of consideration, INR 4.49 billion is paid towards assets of FMCG business of Triology Solutions Private Limited. The transaction includes the Muuchstac brand.
For the period ending March 31, 2025, FMCG business of Triology Solutions Private Limited reported total revenue of INR 800 million and EBITDA of INR 300 million.
The deal has been approved by the board of directors of Godrej Consumer Products Limited. The transaction is Expected to be completed within a few weeks from signing.
Rahul Dutt, Soumil Garg, Deepak Kumar, Nirupam Lodha and Jimmy Bhatt of Khaitan & Co. acted as legal advisor to Godrej Consumer Products Limited.
Godrej Consumer Products Limited (NSEI:GODREJCP) competed the acquisition of FMCG business from Trilogy Solutions Private Limited on November 10, 2025.
Godrej Consumer Products Limited is an India-based fast moving consumer goods company. The Company is engaged in manufacturing and marketing household and personal care products. The Company operates through four geographical segments: India, Indonesia, Africa, and others. Its personal care brands include Saniter, Cinthol, PAMELAGRANT Beauty, Villeneuve, Millefiori, mitu, purest hygiene and goodness.me. Its home care brands include goodknight, HIT, aer, Stella, and Ezee. Its haircare brands include DARLING, INECTO, PROFECTIV Mega Growth, Ilicit, ISSUE, nupur, PROFESSIONAL, tcb naturals, renew, Just for Me, ROBY, AFRiCAN PRIDE and nyu. It offers a range of products in India, which includes household insecticides, air fresheners, hair color and soaps. Its subsidiaries include Godrej Household Products (Lanka) Pvt. Ltd., Godrej South Africa Proprietary Ltd, Beleza Mozambique LDA, Cosmetica Nacional, Godrej Africa Holdings Limited, Godrej East Africa Holdings Ltd and Deciral SA.
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