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Lotus Herbals acquires 32% stake in dermaceuticals maker Fixderma India

The company, however, did not disclose the financial details of the transaction.

October 28, 2021 / 12:38 PM IST

Beauty and personal care products maker Lotus Herbals has bought a 32 percent stake in Fixderma India, owners of dermaceuticals brands like Fixderma and FCL.

The company, however, did not disclose the financial details of the transaction.

Through this investment, Lotus Herbals forays into the dermaceutical segment offering a premium range of skincare and haircare products, said a joint statement.

This also bridges the gap between the prescription-based products and over-the-counter cosmetics, it added.