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Elder Health Care enters into in-licensing deal with Germany's Mann and Schröder

Our Bureau, MumbaiTuesday, November 16, 2010, 15:30 Hrs  [IST]

Elder Health Care Limited (EHCL), part of the Rs.800 crore Elder Group, has inked an in-licensing agreement with Mann & Schröder (M&S), GmbH, Germany's leading personal and hygiene care products company. The deal is to introduce the entire range of two of the German company's most popular brands into India ie Dulgon skin care and Sanosan baby care.

The Dulgon range comprises of a wide range of products for body and hair care and Sanosan cleansing and care products cater to the baby skin, adults with sensitive skin and special products for special condition of motherhood. Both the brands shall be available in the Indian markets by end-December 2010.

This deal marks EHCL's foray into the Rs.1600 crore baby care market in India which is growing at a rate of 17 per cent every year. The company has already become an established player in the Rs.3500 crore dermatology sector, growing at 20 per cent annually - through brands like fairone fairness cream for men and women and fairone soap, in-licensed from Shahnaz Hussain Herbals which are sold through its more than three lakh outlets across India.

EHCL is engaged in the manufacture of a range of FMCG and Skin Care products through research and development and also products through licensing agreements with Indian and International companies. The in-licensed products portfolio of EHCL consists of fairone fairness creams from Shahnaz Herbals, Tiger Balm from Haw Par of Singapore, Burn Aid, a gel-based natural product for burns Rye Pharmaceuticals of Australia, Blistex lip Balm from Blistex of USA, Biorga dermatology and cosmetology products from Uriage Laboratories Dermatologigues D' Uriage of France, etc to name few.

Mann & Schroeder (M&S), founded in 1951, has been an established specialist in hair and body care products for all age groups in the German and European markets for decades. The company has presence in over 60 countries in Central Europe including Russia, Near and Far East, North Africa and North America. The entire range of M&S Products comprise of hair care, hair styling, body care, hand care, body cleansing, deodorants, facial and lip care, sun protection, mouth rinse and mouthwash. M&S products are made according to c-GMP standard and other government guidelines at its state-of-the-art plants in Germany, Siegelsbach which are DIN ISO 9001:2000 certified and have a combined capacity of approx. 1,000,000 units per day.

 
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