Dabur to acquire a 51% stake in Sesa Care from True North.

Dabur, a consumer goods company, agreed to acquire a 51% stake in Sesa Care, a manufacturer and exporter of ayurvedic hair care products, from True North, a private equity fund. Financial terms were not disclosed. “Dabur is a market leader in the hair oils category. The proposed merger of Sesa will bring to Dabur a premium brand with strong credentials around Ayurveda that will complement our existing portfolio and strengthen our presence in the hair care category. We look forward to the exciting opportunities this deal brings,” Mohit Burman, Dabur Chairman.