Marico Limited — JV/Acquisition, 04-02-2026: Acquisition

Marico has acquired a 60% stake in Cosmix Wellness, owners of the digital-first functional wellness brand "Cosmix," for ₹225.67 Cr, valuing Cosmix at approximately ₹375 Cr. This strategic move significantly expands Marico's presence in premium food and nutrition, specifically targeting the high-growth wellness and plant-based nutrition market. Cosmix is a profitable brand with ~₹100 Cr annual recurring revenue and strong EBITDA margins, boosting Marico's digital-first portfolio and enabling entry into adjacent wellness and nutraceutical categories.