L Catterton to form consumer-focused JV in India with ex-HUL chief

L Catterton to form consumer-focused JV in India with ex-HUL chief

Sanjiv Mehta. Photo by Livemint

US private equity firm L Catterton said it will form a joint venture in India with former Hindustan Unilever (HUL) CEO Sanjiv Mehta to develop a new investment vehicle targeting the country’s consumer market.