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GCPL has completed the acquisition of Strength of Nature

Godrej Consumer Products Ltd (GCPL) has completed the acquisition of US based Strength of Nature LLC after getting approval from the Federal Trade Commission and US Department of Justice.

GCPL has said in a BSE filing that “the approval has been received and the company has completed the acquisition, through a wholly-owned subsidiary of the company.”

GCPL, on April 1, 2016, had announced the acquisition of 100 percent equity stake in Strength of Nature LLC (SON), USA, through a wholly-owned arm, that was subject to the approval of Federal Trade Commision and Department of Justice, USA.

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