Hindustan Unilever

Hindustan Unilever Limited (HUL) is a Mumbai-based British-owned Indian consumer goods corporation. It is a subsidiary of Unilever, a British corporation. Its products include fast-moving consumer goods (FMCG) such as cuisines, beverages, cleaning agents, personal care products, water purifiers, etc. HUL was founded as Hindustan Vanaspati Manufacturing Co. in 1931. It was renamed Hindustan Lever Limited following a merger of constituent entities in 1956. In June 2007, the company was renamed Hindustan Unilever Limited.

Hindustan Unilever had over fifty product trademarks in fourteen categories as of 2019. In FY2017–18, the company had 21,000 employees and posted revenue of 34,619 crores.

HUL announced in December 2018 that it would acquire GlaxoSmithKline India's consumer division for $3.8 billion in an all-stock merger with a 1:4.39 ratio. However, the integration of GSK's 3,800 employees remained questionable as HUL stated that the agreement did not include a clause for employee retention. After completing all legal procedures, HUL concluded its merger with GlaxoSmithKline Consumer Healthcare (GSK India) in April 2020. HUL's market capitalization in December 2022 was Rs. 638,548,42 crore.

Founded: 1933

Headquarters: Mumbai, Maharashtra

Website: https://www.hul.co.in