Successful evolution of the Hindustan Lever franchise
All the above mentioned three companies were merged to form the Hindustan Lever franchise in 1933 and it was the first foreign subsidiary to offer 10 per cent of the equity to the public in India. Apart from the 51.55 per cent of the equity held by Unilever, the rest of the shareholding has been distributed among the 380,000 shareholders and financial institutions. Unilever acquired Brooke Bond in 1984, Lipton in 1972 and in 1977 Lipton Tea (India) Limited was incorporated.
Pond's (India) Limited joined Unilever fold through an international acquisition in 1986 and the personal care and food franchise has been responding to the economic growth. The growth process of the Hindustan Lever franchise has been accompanied by cautious diversification, which was always in line with the opinions and aspirations of the Indian public. With the liberalisation of the Indian economy in 1991, the consumer goods franchise got the opportunity to explore every single product segment, without having to face any constraint on the production. 21.05.2007
Contact Hindustan Lever Limited
Hindustan Lever House
165/166 Backbay Reclamation
Mumbai
Maharashtra 400020
Tel: 91 22 39832417
Fax: 91 22 2283 5404
