October 12, 2024

Beauty Garage Professional Acquires Gofab Genesis, Aiming for ₹100 Crore Revenue Growth

Beauty Garage Professional, a leading Indian hair care brand, has announced the complete acquisition of Gofab Genesis LLP, including its brand, products, and manufacturing facilities. This acquisition strengthens Beauty Garage Professional’s position in the premium salon segment, expanding its product portfolio and market reach.

The introduction of Gofab Genesis’ patented Color Fuel and Micro Fuel technologies is expected to drive increased sales and market penetration. With this acquisition, Beauty Garage Professional targets a revenue growth of ₹100 crore this financial year, gaining access to new markets established by Gofab Genesis.

“We are excited to welcome Gofab Genesis to our family,” said Mr. Mahesh Ravaria, Co-founder and CEO of Beauty Garage Professional. “Their innovative Color Fuel and Micro Fuel technologies align with our vision to provide cutting-edge solutions for salons across India.”

Key innovators, Mr. Akash Bhutak and Ms. Manisha Bhutak, will continue to drive product development, ensuring smooth integration and ongoing innovation. The integration process is expected to be finalized by the next quarter, with no immediate plans for rebranding.

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