Marico Limited — JV/Acquisition, 26-01-2026: Acquisition

Marico is acquiring a 93.27% stake in Zea Maize Private Limited, which owns the premium gourmet snacking brand "4700BC," for up to Rs. 226.83 Crores. This strategic move expands Marico's presence in fast-growing value-added food categories, adding a differentiated brand known for popcorn, makhana, and more. "4700BC" reported FY25 turnover of Rs. 98.66 Crores and an impressive ARR of ~Rs. 140 Crores (Oct-Dec 2025). The acquisition strengthens Marico's portfolio, aiming for accelerated growth through new products and broader distribution, with the founder retaining a stake.