Dabur to acquire a 51% stake in Badshah Masala for $71m.

Dabur, a consumer goods major, agreed to acquire a 51% stake in Badshah Masala, one of India’s oldest spice makers, for $71m. "The Indian spices and seasoning category is a large and attractive market. Badshah Masala is one of the key players in this space. We intend to leverage our international market presence to grow this business globally," Mohit Burman, Dabur Chairman.