Monday, April 09, 2007

HLL to sell Sangam retail business

Hindustan Lever Limited announced that the company would be selling Sangam, its non-store home delivery business, to Wadhawan Foods Retail. HLL added that it had been testing the Sangam Direct brand in Mumbai to see whether it should be expanded on a national level. Although I had never shopped at Sangam, I did hear good things about them, and they did offer a good healthy competition to local mom-and-pop stores.

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