Is Zandu taken over by Emami?

After holding off a takeover bid for five months, the Parikh family, promoters of Zandu Pharmaceutical Works, has agreed to sell 18.18% of its stake to Emami Ltd, the Rs 600 crore Kolkata-based FMCG major.

Is Zandu a Indian company?

Zandu Realty Limited (formerly Zandu Pharmaceutical Works Limited) is an international pharmaceutical company based in Mumbai, India. Company’s core business of manufacturing and dealing in ayurvedic and medicinal preparations.

Who is the owner of Zandu pharmaceutical?

Ajay Parikh
ZCL, formerly known as Zandu Chemicals, was bought back from Emami by Ajay Parikh for Rs 12.5 crore and handed over to his son Nihar. Nihar, a 22-year-old chemical engineer working in Belgium, returned to India and took charge of the loss-making entity, which had a turnover of about Rs 30-odd crore.

Is Zandu owned by Dabur?

To a layman Dabur and Zandu are companies operating in the niche ayurveda segment. While Zandu Pharmaceuticals manufactures pharmaceutical preparations, Dabur India Limited is a 115 year old FMCG company operating in the niche natural/ayurvedic products segment with a product folio of over 500 products.

Who is the owner of Zandu Pharmaceutical Works Ltd?

Emami Limited recorded a turnover of Rs 1699 crore, 2012-13. In 2008, Emami, acquired Zandu Pharmaceuticals Works Ltd, from the Parikh family, keeping in mind the huge synergy between the Emami and Zandu brands in various categories. Zandu is a strong player in the balm, Ayurvedic OTC and classical range.

When did Zandu brand get acquired by Emami?

In 2008, Emami, acquired Zandu Pharmaceuticals Works Ltd, from the Parikh family, keeping in mind the huge synergy between the Emami and Zandu brands in various categories. Zandu is a strong player in the balm, Ayurvedic OTC and classical range.

Where are Zandu products made in the world?

All Zandu products are manufactured at GMP-certified advanced Ayurvedic research facilities of Zandu healthcare under the careful supervision of trained R&D scientists. They are made with responsibly sourced, powerful ingredients, which are pure, authentic, and 100% vegetarian.

Which is the best brand of Zandu Balm?

Zandu is a strong player in the balm, Ayurvedic OTC and classical range. With this acquisition , Emami acquired brands like Zandu Balm, Pancharista, Nityam Churna apart from the other Zandu ayurvedic range of products . Emami has successfully established its brands through strong celebrity endorsements.