Marico raises Cosmix Wellness stake to 80% after ₹113.65 crore purchase
Marico completed a ₹113.65 crore purchase of another 20% of Cosmix Wellness, raising its stake to 80%. It described Cosmix as a digital-first functional wellness brand in the premium food and nutrition categories.
Marico said it completed its purchase of another 20% of Cosmix Wellness on November 6. The ₹113.65 crore deal raised Marico’s stake from 60% to 80%, the filing said.1
The filing described Cosmix as a digital-first functional wellness brand in the premium food and nutrition categories.1
Marico said the deal expanded its presence in those categories.1
