Raymond acquires 100% ownership of KamaSutra brand
Textile major Raymond has announced acquisition of 50% stake of its joint venture partner Ansell in JK Ansell, the manufacturer of condoms and deodorants under the KamaSutra brand, for â¹19.3 crore. With this, Raymond has acquired 100% ownership of the KamaSutra brand. Following the deal, JK Ansell will become a wholly-owned subsidiary of JK Investo Trade, a Raymond group firm.