READ MORE HERE The acquisition is in line with the Hindustan Unilever strategy to build a sustainable and profitable Foods and Refreshment (F&R) business in India by leveraging the mega trend of health and wellness. GSK CH India is the market leader in the HFD category, with iconic brands such as Horlicks and Boost, and a product portfolio supported by strong nutritional claims. HUL said it will increase penetration with a special focus on rural markets and emerging channels and expand our offerings to the fast-growing premium segment. The company will drive significant cost synergies from a combination of supply chain efficiencies and operational improvements, go-to-market and distribution network optimisation, scale in a number of cost areas such as marketing and streamlining of overlapping infrastructure. It expects the business to grow in double-digits in the medium-term and margins to be accretive to HUL post realisation of synergy benefits.