News > Beauty brand MyGlamm acquires The Moms Co for Rs 500 crore in big consolidation move
Beauty brand MyGlamm acquires The Moms Co for Rs 500 crore in big consolidation move
06/10/2021 10:38 PM | Click to read full article
The Good Glamm group (formerly MyGlamm) has acquired direct-to-consumer (D2C) mother and baby care brand The Moms Co, signalling the first big consolidation move in the beauty and personal care segment.
The companies declined to comment on the financial terms of the deal. Sources in the know said the transaction - a mix of cash and equity - values The Moms Co at Rs 500 crore.
