HI DAIRY SELLS EASTERN RIGHTS TO HLL
Article Abstract:
Hindustan Lever Ltd (HLL) has bought out the eastern region rights of Kwality ice-cream from HI Diary & Agro Products Limited (HDAP). It was the last franchisee of Kwality ice-cream to be bought out by HLL. Kwality has introduced its brand of ice-cream, called Treat, in the eastern region of India. HLL and HDAP had gone to court over the issue of territories. HLL has set up a nation-wide network for the sale of Kwality ice-creams. It had offered Rs1.6 crore to HDAP for the transfer of rights 2 years ago. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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DCW PLAN HITS INSILCO HURDLE
Article Abstract:
The proposal by DCW Home Products Ltd (DHPL) to sell its plant to International Bestfoods Ltd (IBL) is likely to be stopped by Insilco Ltd. DHPL owes Rs53 lakh to Insilco. DHPL's also plans to sell two facilities to Gujarat Heavy Chemicals Ltd. Insilco has filed a civil suit against the DHPL-IBL deal at Moradabad court on December 8, 1998. Insilco supplies silica to DHPL, which is used as a raw material in the production of DHPL's Captain Cook brand of salt. (rk)
Comment:
The proposal by DCW Home Products Ltd (DHPL) to sell its plant to International Bestfoods Ltd (IBL) is likely to be stopped by Insilco Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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