Business Daily from THE HINDU group of publications
Friday, Feb 16, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Mergers & Acquisitions
Marketing - Outlook
Web Extras - Personal Products
VVF completes Colgate plant buy

R. Ravikumar

To make packaged cleaning products, homecare & personal care products


MR PIYUSH JINDAL

Advertisement
Bharat Matrimony

Chennai Feb. 15 VVF Ltd, a leading manufacturer of soaps, oleochemicals, personal and homecare products in India, has formally completed the acquisition of the Colgate plant in Kansas City.

According to Mr Piyush Jindal, Senior Vice-President, Personal Care, the new operation will be headed by Mr Kurussh Amrolia, CEO and President of VVF Intervest LLC, a wholly owned subsidiary of VVF Ltd.

Mr Jindal told Business Line that VVF will utilise the Kansas plant to manufacture packaged cleaning products including soap bars, shampoos, light-duty liquid soaps and other homecare and personal care products. The new facility would also house the North American headquarters of the company.

According to Mr Jindal, the plant's capacity is sufficient to enable VVF to achieve the market share and leadership in the US that it currently enjoys in the South-East Asian market for the same products. The Kansas City plant, part of Colgate for over 100 years, is a highly automated facility. Located in the Mid-west of the US, it is spread across 25 acres and well connected by rail and road to the entire North American continent.

VVF will use the new plant to service existing brand-name contract manufacturing customers, with whom it has business in Asia, Europe, West Asia and North America. VVF will also use the new facility to expand its business in the hospitality market, serving major hotel chains with soaps, shampoos and related products.

Current production of hotel amenities and private label products at the company's Missisauga, Ontario plant is being transferred to the Kansas plant.

VVF's private label business with supermarket, mass merchandise and drugstore chains, will be extended to the US market using the new plant.

VVF recently acquired the assets of Teo Corp, Ontario, an anti-perspirant and deodorant stick manufacturer.

More Stories on : Mergers & Acquisitions | Outlook | Personal Products

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Avestha Tech plans to invest in biotech park


Ranbaxy's US offices searched
Reliance board meeting on February 24
Doing business in a modern milieu
HPL: Hearing on share transfer today
Seminar on management
Bankers reject SPIC's `improved proposal' for debt revamp
VVF completes Colgate plant buy
Kanan Devan seeks Commerce Ministry approval for taking over Ram Bahadur Thakur estates
Tata Steel picks stake in Corus
Vakil Housing plans gated villas in Hosur
Ras Al Khaimah, AP sign pact for bauxite mining
Bengal's first two-wheeler project takes off
Apollo Hospitals to pursue mergers, buy-outs overseas
`Reliance's Yemen venture to come up in 3 years'
Nicholas Piramal to invest in UK
Shapoorji, IIT-K tie up for Bengal Biotech park
Opulent ties up with HuperOptik for car window film
Eros, Venus sign 3-year deal
Indian signs MoU with CFM Intl
Artemis ties up with Philips Medical for R&D in imaging
Tata Motors, Fiat may work together for small car
Tata Motors gets Golden Peacock Global Award
IDEB Projects gets $32-m pvt equity funding from US
DivyaSree gets $100 m from TPG-Axon Capital
Country Club plans to enter service apartments segment
Evolvence India to invest in real estate in tier II, III cities
RINL marks silver jubilee on high note
`Not in fray for ONGC top post'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line