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Leading oral care manufacturer JHS Svendgaard is all set for overseas acquisitions of a couple of oral care companies. The company managing director Mr. Nikhil Nanda said negotiations were on with a few companies and acquisitions are expected to materialize next year. Initial talks were on with a few oral acre overseas producers and hopeful positive results are expected. read more....
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Just think of this. A company is started by a boy who is barely out of college and management school.
He joins a company which makes toothbrushes and toothpastes. That company closes down later in life, but
that young and eager boy learns the tricks of trade enough to start his own venture making toothpaste and
toothbrushes. The company is JHS Svendgaard and the boy is Nikhil Nanda, now CEO of his own venture. Making
toothpastes, toothpowders, toothbrushes, dental and gum paints, mouthwashes and other similar oral care products
requires quite different processes. His logical business move was to pare down the product portfolio.
He devised his plan on the presumption that these retail chains would need to talk to various suppliers for
the supply of various oral care products. If they could source all oral care products from one vendor then
they would prefer JHS Svendgaard.
read more....
Newspaper :The Hindu- Business Line Edition :New Delhi Date :30 Oct 2006
JHS Svendgaard Laboratories Ltd has bagged the top exporter award in the toothbrush category from the plastics export promotion council, ministry of commerce and industry, government of India, for the third year in a row, according to a release. JHS Svendgaard manufactures toothbrushes for exports to Europe and the US at its 100 per cent export-oriented unit, Jai Hanuman Exports, located in the NCR region. In View of the growing exports order the company is increasing the capacity of this unit. It also has two more production facilities in New Delhi. it is now setting up an integrated manufacturing facilities at Kala Amb, Distt. Sirmour in Himachal Pradesh, with anchor-free technology enabled machineries from Belgium. read more....
Newspaper :Finance Today Edition :New Delhi Date :October 9 – 15, 2006
JHS Svendgaard Laboratories Ltd. Initial public offering of 67, 00,000 equity shares (price band: Rs 49 to Rs 58 per equity share of face value Rs. 10 each), which closed on 4th October 2006 has been oversubscribed 2 times. read more....