FirstCry’s GlobalBees takes full control of Cloud Lifestyle with Rs 60.29 lakh stake buy
Brainbees Solutions, the parent company of mother and baby care products retailer FirstCry, announced that its material subsidiary, GlobalBees Brands Pvt Ltd, has acquired an additional 10% stake in Cloud Lifestyle Pvt Ltd for Rs 60.29 lakh.
With this acquisition, Cloud Lifestyle, which deals in personal care, beauty, and wellness products, will become a wholly owned subsidiary of GlobalBees.
