Jyothy Laboratories announced on 22 March 2011 that its subsidiary fully acquired Delhi-based laundry player Diamond Fabcare Private Limited (DFPL). Jyothy Fabricare Services Limited (JFSL), a subsidiary of Jyothy Laboratories Ltd (JLL) acquired a 100 per cent stake in the Delhi-based laundry player DFPL. JLL acquired DFPL within week of acquiring a 14.9 per cent stake in Henkel India for Rs 60.73 crore.
JFSL had first launched Fabric Spa in Bangalore with an initial investment of Rs 35 crore in November 2009. DFPL currently has 62 outlets across Delhi, Noida, Gurgaon and Ghaziabad.
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