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PE firm Creador buys Godrej Consumer’s Indonesia foods business for $35M

BY  Madhav A Chanchani
Godrej has divested the business as it plans to focus on hair care, home care and skin cleansing in the emerging markets.

Private equity firm Creador has acquired the Indonesia-branded foods business of Godrej Consumer Products Ltd, considered to be non-core by the Indian company. The PE firm has bought PT Simba Indosnack Makmur (Simba), which was acquired by Godrej...

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