Movit Products Limited’s Executive Chairman, Simpson Birungi, has made major people reshuffles at the personal and home care products maker, attracting some big-name hard-nosed executives, including from Unilever and Indian…
Movit’s Simpson Birungi firms up his African route-to-market agenda; hires ex-Unilever, GSK, Procter & Gamble, L’Oréal, Nestle and Godrej executives to run it The latest executive recruitments by Movit, have sparked off rumours of a possible takeover deal by Godrej Group, an Indian conglomerate, which has been making a series of acquisitions on the continent in the recent past. But Simpson Birungi, the Ugandan garage-to-manufacturing-giant billionaire whose rise from a Kampala suburb, to curve out a niche in the Eastern and Southern Africa personal and home care segment has a way of surprising the market with big ballsy moves and this could just be one of them.
