Dabur India is in talks to buy Turkish personal care company Hobi Kozmetik, according to a report.
The report stated that Hobi Kozmetik makes shampoos, hairstyling, haircare, skincare and bath and shower products for women, men and children under the brand names Hobby and New Era and has a presence in more than 30 countries.
If the deal goes through, it will be the 34bn Dabur’s first overseas acquisition, says report.