๐ Akums Drugs & Pharmaceuticals Acquires Oriflame India’s Manufacturing Business – Enters Color Cosmetics Sector ๐
๐ Akums Drugs & Pharmaceuticals Ltd., India’s leading Contract Development and Manufacturing Organization (CDMO), has announced the acquisition of Oriflame India’s manufacturing business, marking its entry into the fast-growing color cosmetics manufacturing sector while significantly expanding its personal care and wellness portfolio. ๐ โจ
๐ญ Acquisition Highlights:
The acquisition includes two modern manufacturing facilities located in Roorkee, Uttarakhand, and Noida, Uttar Pradesh, along with a leased warehouse facility in Noida. The expansion strengthens Akums’ manufacturing capabilities across skincare, hair care, nutraceuticals, wellness products, and color cosmetics. ๐ฆ
๐งด Products Manufactured at Acquired Facilities
The newly acquired facilities are equipped to manufacture a broad range of products, including:
- โจ Anti-ageing creams, moisturisers, cleansers, body lotions, exfoliators, serums, face washes
- ๐ Shampoos, conditioners
- ๐ Lipsticks, foundations, mascaras, eyeliners, primers, and other cosmetic formulations
- ๐ฟ Nutri-cosmetic products designed for skin health and beauty wellness
๐ Advanced Technology & Certifications
According to the company, the facilities feature:
- ๐ช๐บ Advanced European manufacturing technologies
- โช๏ธ Halal-certified facilities
- ๐ Globally compliant and scalable manufacturing solutions for both Indian and international brands
๐ Strategic Importance for Akums
With this acquisition, Akums further diversifies its contract manufacturing ecosystem, which now spans:
- ๐ Pharmaceuticals
- ๐งช Active Pharmaceutical Ingredients (APIs)
- ๐ฟ Nutraceuticals
- ๐งด Skincare, hair care, wellness products
- ๐ Color cosmetics
๐ฏ The company aims to provide integrated end-to-end manufacturing solutions for consumer healthcare and personal care brands.
๐ Strategic Milestone:
The move represents a strategic milestone in Akums’ long-term growth strategy, strengthening its position as one of India’s most diversified contract manufacturers and supporting the country’s emergence as a global hub for innovation-driven pharmaceutical and personal care manufacturing. ๐ฎ๐ณโจ
