Godrej Consumer Acquires South Africa's Frika Hair

New Delhi: FMCG major Godrej Consumer Products said it has fully acquired South Africa's hair extensions firm Frika Hair (Pty) Ltd for an undisclosed sum in order to consolidate its position in the South African market. In a BSE filing, GCPL said "it has entered into an agreement with Frika Hair (Pty) Ltd for the acquisition of 100 per cent equity stake in its hair extensions business in South Africa." Commenting on the acqui...